06840 Housing Market

$2,182,337

10.8% 1-yr

The average 06840 home value is $2,182,337, up 10.8% over the past year, and homes go to pending in around 12 days. (Updated on 5/31/2026)

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.

Learn more about the Zillow Home Value Index

06840 Key Takeaways

Typical Home Values: $2,182,337

1-Year Value Change: +10.8%

(Data through May 31, 2026)

06840 Housing Market Overview

1-Year Market Forecast: 2.8% (May 31, 2026)

For Sale Inventory: 65 (May 31, 2026)

New Listings: 34 (May 31, 2026)

Median Sale to List Ratio: --

Median Sale Price: --

Median List Price: $2,564,667 (May 31, 2026)

Percent of Sales Over List Price: --

Percent of Sales Under List Price: --

Median Days to Pending: 12 (May 31, 2026)

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Zip Codes

NameMedian ZHVI
06842--
06850$646,387
06907$709,878
06903$1,141,432
06897$1,271,336
06851$678,071
06905$758,958
10576$1,448,598
06820$2,407,761

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06840 Rental Market Trends

Average Rent: $8,289 (May 31, 2026)

National Average Rent: $1,951 (May 31, 2026)

Month-Over-Month Change: 5.4% (May 31, 2026)

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.