Real Estate
See NJ Counties Where Home Prices Changed The Most In Past Year
Zillow data shows home prices went up by at least 5 percent in all 21 counties over the past year.
NEW JERSEY — It continues to get more expensive to purchase a house in the Garden State, as home-buying hopefuls in all 21 counties have seen prices tick up by at least 5 percent in the last 12 months.
According to Zillow, the typical New Jersey home value is $542,608, though two counties have prices averaging under $300,000. Three counties have typical prices starting at $700,000 or more.
The "typical home value" represent the values of all properties in the middle third of the market, not just the sale prices. It is calculated using the Zillow Home Value Index, or ZHVI.
Find out what's happening in Across New Jerseyfor free with the latest updates from Patch.
Patch took a look at data for every county to see where those amounts have changed the most since the beginning of last March, based on the ZHVI.
Looking at percentage changes first, typical home values in Middlesex County increased the most: Up by 9.4 percent since March of 2024, from $507,577 last year up to $555,478 this year. Salem County saw the slowest growth by comparison (5.1 percent), with prices moving from $260,416 to $273,751.
Find out what's happening in Across New Jerseyfor free with the latest updates from Patch.
As far as which counties saw the biggest change in dollars, typical home values in Bergen County went up by almost $50,000, from $670,228 to $719,155 — a 7.3 percent increase.
On the other side of the coin, typical home values in Cumberland County increased by $17,456 (also a 7.3 percent increase) from year to year, moving from $238,486 to $255,943.
Explore changes throughout the state in the table below, which is organized alphabetically — but you may sort it a different way by clicking on one of the columns.
Click here if you cannot see the table.
On average, home values in New Jersey have increased by 7.2 percent since last March, and go to pending in around 24 days.
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