Market Intelligence · NJ / Elizabeth

Elizabeth, NJ 07201 Housing Market

The typical home value in Elizabeth, NJ 07201 is $509,675, up 0.3% over the past year as of September 2026. The median list price sits at $487,000, and homes spend a median of 50 days on the market.

Updated September 2026Median value$510K

The median home value in Elizabeth, NJ 07201 is $510K as of September 2026, up 0.3% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

Sell without the wait

Sell your Elizabeth home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 07201 range

$469K to $550K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 07201 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Elizabeth, NJ.

12-month value trend

+0.3% over 12 months

Sep 2025$508K

Low $498KHigh $510K

Sep 2026$510K

The numbers

What is the 07201 housing market like?

As of September 2026

Typical home value

$510K

0.3%YoY

Median list price

$487K

3.2%MoM

Days on market

30.6%MoM

Homes for sale

22.2%MoM

Price cuts

0.0%

New listings

0.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

07201 housing market forecast 2027

+2.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 07201 to rise 2.5% by September 2027.

Over the 12 months through September 2026, typical home values in 07201 rose 0.3%, per the Zillow Home Value Index.

Will home prices drop in 07201?

Zillow's forecast does not call for a drop: it expects typical home values in 07201 to rise 2.5% by September 2027, after a 0.3% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

Free home value report

See what your 07201 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 07201 home prices compare?

07201$509,675
Elizabeth$519,151
New Jersey$575,161
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Elizabeth: 3 ZIPs; New Jersey: 547 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, Elizabeth 07201 is a thin market, with 11 homes for sale and only 4 new listings. The median list price is $487,000, while the typical home value is $509,675, up 0.3% over the past year. Homes are taking a median of 50 days to sell, and the share of listings with a price cut is 0.0%. Prices are holding essentially flat rather than climbing, so sellers should price carefully and expect buyers to take some time deciding.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $101,935

Term

Rate (%)

Common questions

What people ask us.

How much is a home in 07201 worth?

The typical home value in Elizabeth 07201 is $509,675, up 0.3% over the past year as of September 2026.

How long does it take to sell a home in 07201?

Homes in 07201 spend a median of 50 days on the market as of September 2026.

How many homes are for sale in 07201?

There are 11 homes for sale in 07201 as of September 2026, with 4 new listings.

Discover

Nearby ZIP markets.

Keep reading