Home Prices Rose 8.2 Percent In This NJ County Since Last Summer: Explore Data By County

NEW JERSEY — Home prices rose in all 21 New Jersey counties since last summer, jumping almost 8.3 percent in one county from July 2022 to July 2023 based on the most recently-available data from Zillow.

Every month, the real estate website updates its Zillow Home Value Index, which is a measure of the typical home value and market changes across a given region and housing type. The ZHIV reflects the typical value for homes in the 35th to 65th percentile range.

The most recently-available data is through July 2023, and shows that the largest percentage change for typical home values from year to year was in Cumberland County, an 8.28 percent increase. The largest dollar amount change from July to July was in Morris County, an increase of $30,232.

Several other South Jersey counties had home value increases of more than 7 percent from July to July: Camden (7.86), Atlantic (7.59), and Salem (7.05). Mercer County's typical home value increased by 7.86 percent.

Home values also went up by more than $25,000 in Passaic, Middlesex, Union, Mercer, and Somerset counties, the Zillow data shows.

Overall in New Jersey, Zillow shows the average home price is $492,394 (up 5.2 percent in the past year) and homes for sale go to pending in an average of 5.2 days.

To explore the data further, search through the table below or click here to open it in a new window. You can sort the data by dollar amount change, percentage change, county name, and overall amount.

If you’re in the market for new home in New Jersey, click here to check out listings on Patch's real estate website.