Mendham, NJ Housing Market
$1,103,550
6.6% 1-yrThe average Mendham, NJ home value is $1,103,550, up 6.6% over the past year. (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.
Mendham Key Takeaways
Typical Home Values: $1,103,550
1-Year Value Change: +6.6%
(Data through October 31, 2026)
Mendham Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Mendham Rental Market Trends
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 Mendham, NJ?
The median home value in Mendham, NJ is $1,103,550 as of October 2026. This represents a 0.2% increase compared to last month and a 6.6% increase year-over-year.
How have home values changed in Mendham, NJ?
Home values in Mendham, NJ have increased by 0.2% month-over-month and 6.6% year-over-year.
How do home values in Mendham, NJ compare to Morris County, New Jersey, and the national average?
The median home value in Mendham, NJ ($1,103,550) compares to: Morris County ($700,601), New Jersey ($574,261), and the U.S. national median ($364,288).