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New Jersey Home Prices and Home Values

Zillow Home Value Index
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Zillow Home Value Index

Mid-point of Zestimate valuations for New Jersey. Half the Zestimates are above this number and half are below it.
Median list price ($)
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Median list price ($)

Mid-point of the list price for homes listed on Zillow in New Jersey, or the asking price.
Median sale price ($)
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Median sale price ($)

Mid-point of the price homes have sold for in New Jersey. Half the homes sold above this number and half sold below.
Median days listed on Zillow
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Median days listed on Zillow

Mid-point of number of days homes in New Jersey have been listed as active on Zillow.
Homes for sale on Zillow
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Homes for sale on Zillow

Total number of homes listed on Zillow that are for sale in New Jersey.
Total homes sold
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Total homes sold

Total number of homes sold in New Jersey during the prior 30 days.
Median value per sq. ft. ($)
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Median value per sq. ft. ($)

Mid-point of the value of all homes in New Jersey, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).
Median list price per sq. ft. ($)
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Median list price per sq. ft. ($)

Mid-point of New Jerseys list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
Median sale price per sq. ft. ($)
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Median sale price per sq. ft. ($)

Mid-point of New Jerseys sold prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sold price/sq ft of $200).
Median list-to-sale price ratio
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Median list-to-sale price ratio

Mid-point of the ratio between the list price and the sold price for all homes in New Jersey (e.g. if a home with a list price of $250k sells for $200k, its ratio would be 5:4 or 1.25).
Listings with price cut (%)
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Listings with price cut (%)

The percentage of current listings on Zillow in New Jersey whose price has been reduced in the last 30 days.
Median price cut (%)
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Median price cut (%)

The mid-point of the percentage of price reduction for homes in New Jersey whose prices have been reduced in the past full month.
Sold for loss (%)
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Sold for loss (%)

The percentage of homes in New Jersey that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.
Sold for gain (%)
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Sold for gain (%)

The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).
Homes foreclosed (%)
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Homes foreclosed (%)

The percentage of all homes in New Jersey that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.
Foreclosure re-sales (%)
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Foreclosure re-sales (%)

The percentage of home sales in a given month in New Jersey where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
Increasing values (%)
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Increasing values (%)

The percentage of homes in New Jersey whose values have increased in the past year.
Decreasing values (%)
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Decreasing values (%)

The percentage of all homes in New Jersey whose value has fallen in the last year.
Sold in past year (%)
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Sold in past year (%)

The percentage of all homes in New Jersey that were sold in the past 12 months.

$338,000
-3.4% Y-o-Y

Calculated 11/02/2009^*
^*Includes data and transactions through 10/31/2009

Embed this chart: Zillow Home Value Index

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RegionId	Region	M-o-M	Q-o-Q	Y-o-Y	Oct 2009
40	New Jersey	-0.6%	-0.6%	-3.4%	338000
394348	Atlantic City Metro	-3.0%	0.3%	-6.4%	290000
394928	Ocean City Metro	-0.8%	1.3%	-4.8%	475000
395164	Trenton Metro	1.7%	-3.7%	-8.5%	274500
395193	Vineland Metro	-0.3%	-1.1%	-4.0%	182000

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Compare States Near New Jersey

Median list price ($)		Y-o-Y
New Jersey	$338,000	-3.4%
Delaware	$254,900	-7.3%
Maryland	$280,000	-11.1%
Connecticut	$289,900	-3.3%
Washington D.C.	$379,900	-4.8%
New York	$359,900	-5.0%

See more states near New Jersey

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30 year fixed	4.75%	2 min ago
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30 year fixed, ...	5.12%	2 min ago
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10 year fixed	4.25%	3 min ago
30 year fixed	4.88%	3 min ago
10 year fixed (FHA ...	4.25%	3 min ago
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30 year fixed	4.75%	3 min ago
10 year fixed, ...	4.25%	3 min ago
10 year fixed	4.25%	3 min ago
30 year fixed, ...	4.88%	3 min ago
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30 year fixed	4.38%	3 min ago
30 year fixed	4.75%	3 min ago
30 year fixed (FHA ...	4.88%	3 min ago
30 year fixed (FHA ...	5.00%	3 min ago
30 year fixed	4.88%	3 min ago
30 year fixed	4.88%	3 min ago
30 year fixed	4.25%	3 min ago
30 year fixed, ...	5.00%	3 min ago
30 year fixed	5.12%	3 min ago
30 year fixed	4.75%	3 min ago
5/1 ARM	3.75%	3 min ago
30 year fixed	4.88%	3 min ago
30 year fixed	4.88%	3 min ago
30 year fixed	4.88%	3 min ago
30 year fixed	4.62%	3 min ago
30 year fixed	4.75%	3 min ago
30 year fixed, ...	5.00%	3 min ago
7/1 ARM	4.50%	3 min ago
30 year fixed (FHA ...	4.75%	3 min ago
30 year fixed	4.88%	3 min ago
30 year fixed, ...	5.00%	3 min ago
5/1 ARM, Jumbo ...	6.00%	3 min ago
30 year fixed, ...	5.25%	3 min ago
30 year fixed, ...	5.25%	3 min ago
30 year fixed	5.00%	3 min ago
10 year fixed	4.25%	3 min ago
30 year fixed	4.75%	3 min ago
10 year fixed	4.12%	3 min ago
30 year fixed	4.62%	3 min ago

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For Sale New Jersey Homes

$575,000
625 Beattys Cir, Buck Hill Falls, PA 18323

$339,000
(undisclosed Address), Jackson Heights, NY 11372

$179,900
701 E Hazeldell Ave, New Castle, DE 19720

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New Jersey Home Prices and Home Values

Zillow Home Value Index

Median list price ($)

Median sale price ($)

Median days listed on Zillow

Homes for sale on Zillow

Total homes sold

Median value per sq. ft. ($)

Median list price per sq. ft. ($)

Median sale price per sq. ft. ($)

Median list-to-sale price ratio

Listings with price cut (%)

Median price cut (%)

Sold for loss (%)

Sold for gain (%)

Homes foreclosed (%)

Foreclosure re-sales (%)

Increasing values (%)

Decreasing values (%)