Compare: Virginia vs New Jersey
Home Values in Virginia and New Jersey
|Zillow Home Value IndexWhat's this?||$221,300||vs||$261,700|
|Median List Price||$240,000||vs||$279,900|
|Median Sale Price||$315,200||vs||$287,700|
|Total Homes Sold in Oct||10867 homes||vs||11098 homes|
Virginia tends to be less expensive for home buyers than New Jersey. During the last year, Virginia home values have risen by 5.8%, while New Jersey home values have risen by 1.3%. The median sale price in Virginia is $315,200, but the median listing price was $240,000, a 31.3% increase. Meanwhile in New Jersey, the median selling price is $287,700, and the starting price had a median of $279,900, a 2.8% increase. In October, Virginia home sellers managed to move 10867 houses, while New Jersey saw 11098 transactions.
Demographics in Virginia and New Jersey
|Median Household Income||$50,020||vs||$58,488|
|Homes with Kids||31.3%||vs||33.8%|
|Average Household Size||2.5||vs||2.7|
|Average Commute Time (Minutes)||28||vs||30|
At $58,488, the median income in New Jersey is $8,468 more than in Virginia, and $13,976 higher than the national average. Virginia has an older median age, at 36, compared to 36 in New Jersey, and a shorter average commute. The average commute in New Jersey is 30 minutes and the average commute in Virginia is 28 minutes.
Homes for Sale in Virginia and New Jersey
Virginia vs New Jersey