US housing market report · July 2026
The state of the New Jersey housing market.
Median home value and city-by-city trends across New Jersey, from Zillow Home Value Index data. Free to cite with attribution to Home Value Pros.
New Jersey median value
$582K
Zillow ZHVI, July 2026
Cities covered
36
with published pages
Report video
Monthly
per city, on each hub
12-month outlook · data through July 2026
Where are New Jersey home values headed?
Current typical value
$581,824
Zillow ZHVI median, July 2026
Past 12 months
+3.3%
change in the median
12 months out
$605,000
if the recent trend continues
Trend projection from the past 12 months, not a prediction. Actual values depend on mortgage rates, inventory, and local conditions.
Where values are climbing
Fastest appreciating New Jersey cities
- $2.23MUp11.6%
- $1.4MUp10.0%
- $701KUp9.5%
- $512KUp8.8%
- $1.09MUp8.5%
- $1.08MUp7.8%
- $1.19MUp7.4%
- $470KUp6.6%
- $1.11MUp5.6%
- $946KUp4.7%
Where the market is cooling
Fastest cooling New Jersey cities
- $129KDown14.7%
- $339KDown3.4%
- $661KDown0.6%
- $503KUp0.1%
- $531KUp0.4%
- $450KUp0.6%
- $339KUp0.6%
- $514KUp0.7%
- $449KUp1.0%
- 10Teaneck$706KUp1.1%
Priciest markets in the state
Most expensive New Jersey cities by median value
- $2.23M
- $1.4M
- $1.19M
- $1.11M
- $1.09M
- $1.08M
- $1.04M
- $953K
- $946K
- 10Hoboken$898K
Common questions
What people ask us.
Methodology & attribution
Figures are medians of the latest Zillow Home Value Index (ZHVI) across each city's published ZIPs in New Jersey, as of July 2026. Year-over-year change compares each market to the same month a year earlier, paired ZIPs only. Data and analysis by Home Value Pros; cite with a link to this report. See the national housing market report and the New Jersey market index.