New Jersey Property Value Indicators (2024)

Median Value

$454,400

Total Properties

2,239,128
Owner-Occupied

High Value ($1M+)

7.6%
Market Share

Low Value (<$25k)

1.5%
Affordability Floor

New Jersey Property Value Distribution (2024)

Value Distribution for
Figure 1: Percentage of owner-occupied housing units by valuation tier in .



Property Value FAQs for New Jersey

The median property value in New Jersey is $454,400.

In recent years, median home values in New Jersey have increased by 27.3%.