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233 N Willow St
New Jersey Housing Market
$575,123
4.0% 1-yrThe average New Jersey home value is $575,123, up 4.0% over the past year, and homes go to pending in around 24 days. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
New Jersey Key Takeaways
Typical Home Values: $575,123
1-Year Value Change: +4%
(Data through September 30, 2026)
New Jersey Housing Market Overview
1-Year Market Forecast: --
For Sale Inventory: 27,181 ()
New Listings: 8,656 ()
Median Sale to List Ratio: 1.008 ()
Median Sale Price: $562,000 ()
Median List Price: $549,933 ()
Percent of Sales Over List Price: 56.2% ()
Percent of Sales Under List Price: 30.8% ()
Median Days to Pending: 24 ()
(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Cities in New Jersey
- NameMedian ZHVI
- Chesterfield Township$706,886
- Mansfield Township$513,997
- Bordentown Township$440,202
- Fieldsboro$369,305
- North Hanover Township$563,758
- Springfield Township$536,109
- Wrightstown$309,030
- Allentown$746,168
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New Jersey Rental Market Trends
Average Rent: --
National Average Rent: $1,932 ()
Month-Over-Month Change: --
Year-Over-Year Change: --
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in New Jersey?
The median home value in New Jersey is $575,123 as of September 2026. This represents a 4.0% increase year-over-year.
How do home values in New Jersey compare to the national average?
The median home value in New Jersey ($575,123) is higher than the U.S. national median ($366,157), representing a 57.1% difference.
Which counties in New Jersey have the highest home values?
The counties with the highest median home values in New Jersey include: Cape May County ($806,250), Monmouth County ($793,713), Bergen County ($786,765), Morris County ($709,718), Somerset County ($666,817).
What metros in New Jersey have the fastest growing home values?
Metro areas with the highest year-over-year home value growth in New Jersey include: New York, NY (4.7%), Atlantic City, NJ (3.9%), Allentown, PA (3.3%), Philadelphia, PA (2.5%), Vineland, NJ (1.1%).
