Introduction
Whether you are a real estate agent, investor, or prospective homebuyer, you may sense a slowdown in the housing market. Mortgage rates recently climbed above typical pandemic-era lows — yet in both Staten Island and Middlesex County, many buyers continue purchasing homes steadily. In this article, we explore why high mortgage rates are not deterring buyers. We analyze current data, examine the factors keeping demand alive in each region, and explain why many consumers are choosing to buy now instead of waiting. Use this guide to understand local trends and how they could impact your real estate decisions or business strategy.
National Context: Why “High Mortgage Rates” Don’t Always Halt Demand
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As of early December 2025, the average 30-year fixed mortgage rate in the United States has eased to around 6.19%–6.23%, down slightly from earlier in the year.
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Recent reports show that existing-home sales rose modestly in late 2025, reflecting steady buyer activity nationwide.
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Industry forecasts suggest a general “housing reset” for 2026 — with stable or gradually declining rates rather than a dramatic rebound or crash.
These trends show that while rates are higher than during the pandemic, they remain below long-term historic norms, and buyers with long-term plans are adapting.
Staten Island, NY: Why Buyers Are Still Active
Housing Market Snapshot
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The median home price on Staten Island in 2025 is approximately $757,000, up about 8.2% year over year.
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Homes sell relatively quickly, often within 41 days.
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Many neighborhoods show price-per-square-foot ranges between $430–$482.
Why Demand Persists Despite High Rates
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Long-term value and equity growth. Buyers see Staten Island real estate as a stable long-term investment, even with high mortgage rates.
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Demand outweighs supply. Inventory remains tight, keeping competition healthy and prices resilient.
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“Lock-in effect” easing. Some homeowners with ultra-low pandemic-era rates are beginning to list homes again, increasing available choices and supporting market activity.
What This Means for Buyers & Sellers in Staten Island
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Buyers: Purchasing now may still be advantageous if your timeline is 5–10+ years, due to steady appreciation and strong demand.
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Sellers/Agents: With tight supply and steady demand, strategic pricing and strong presentation remain key advantages.
Middlesex County, NJ: A More Balanced Market
Housing Market Snapshot
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In 2025, typical home values in Middlesex County average around $571,949, up 3.8% year over year.
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Median list prices often range between $550,000–$551,300.
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Homes generally stay on the market longer than Staten Island, but inventory has increased, giving buyers more leverage.
What’s Keeping Buyer Interest Alive
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Growing inventory. More listings in 2025 mean more choices and better negotiating opportunities.
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Relative affordability. Middlesex County offers lower price points than Staten Island or NYC, making it attractive even with high mortgage rates.
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Commuter-friendly appeal. Proximity to transit routes and job centers keeps suburban demand stable.
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Shifting buyer psychology. Many buyers prefer to purchase now rather than wait for uncertain changes in rate conditions.
What This Means for Buyers & Sellers in Middlesex County
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Buyers: With more options and slightly lower prices, Middlesex County may offer strong long-term value.
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Sellers/Agents: Increased inventory means competition; highlighting community amenities and property features is more important than ever.
Why “High Mortgage Rates” Aren’t Stopping Buyers
| Reason | What It Means for Buyers |
|---|---|
| Rates have eased slightly from earlier peaks. | The payment difference is narrowing, making ownership more attainable. |
| Growing inventory in many markets. | More choices and better negotiation opportunities. |
| Real estate remains a long-term wealth tool. | Stability, equity growth, and inflation protection often outweigh rate concerns. |
| Many suburban markets remain more affordable. | Buyers can access value outside high-cost cities. |
What Could Sustain the Momentum
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Mortgage rates are expected to remain stable or decline slightly into 2026.
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As rate anxiety fades, more homeowners may list — easing the supply crunch.
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Local conditions, such as neighborhood amenities and commute access, will continue to shape demand.
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Sellers and realtors who emphasize long-term value, stability, and lifestyle benefits can remain competitive even in a shifting market.
Final Thoughts
High mortgage rates remain a significant factor — but they are no longer an absolute barrier to homebuying. In Staten Island, NY, demand remains strong thanks to rising values and limited inventory. In Middlesex County, NJ, improved inventory and relative affordability attract steady interest.
For long-term buyers, agents, and investors, this is a moment to consider strategic moves based on local conditions rather than national headlines.
