Real Estate in New Jersey
Median home prices and rental costs in New Jersey. Source: US Census Bureau ACS 2022
ACS 5-year estimates · Data as of 2022 · Updated annually
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$411,800
Median Home Value
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$1,532
Median Monthly Rent
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63.7%
Homeownership Rate
Housing Market in New Jersey
The median home value in New Jersey is $411,800, with a homeownership rate of 63.7%. The median monthly rent is $1,532.
These figures are based on the US Census Bureau American Community Survey 5-year estimates for 2022 and reflect owner-occupied and renter-occupied housing units.
Major Cities in New Jersey
- Newark
- Jersey City
- Paterson
- Elizabeth
- Trenton
Data Source
Data from the US Census Bureau ACS and HUD, public domain datasets updated annually.