Compare: Maryland vs New Jersey
Home Values in Maryland and New Jersey
|Zillow Home Value IndexWhat's this?||$242,800||vs||$275,000|
|Median List Price||$250,000||vs||$269,900|
|Median Sale Price||$262,000||vs||$276,200|
Maryland tends to be less expensive for home buyers than New Jersey. During the last year, Maryland home values have risen by 6.6%, while New Jersey home values have risen by 6.1%. The median sale price in Maryland is $262,000, but the median listing price was $250,000, a 4.8% increase. Meanwhile in New Jersey, the median selling price is $276,200, and the starting price had a median of $269,900, a 2.3% increase.
Demographics in Maryland and New Jersey
|Median Household Income||$55,521||vs||$58,488|
|Homes with Kids||32.0%||vs||33.8%|
|Average Household Size||2.6||vs||2.7|
|Average Commute Time (Minutes)||32||vs||30|
At $58,488, the median income in New Jersey is $2,967 more than in Maryland, and $13,976 higher than the national average. Maryland has an older median age, at 36, compared to 36 in New Jersey, and a longer average commute. The average commute in New Jersey is 30 minutes and the average commute in Maryland is 32 minutes.
Homes for Sale in Maryland and New Jersey
Maryland vs New Jersey