State · price index through 2026-Q2
FHFA House Price Index (all transactions): quarterly averages for states, annual index for counties.
| Area | Median (estimate) | 1 year | 5 years | 10 years |
|---|---|---|---|---|
| United States | $370,500 | +1.2% | +27.9% | +80.6% |
| New Jersey | $608,900 | +5.5% | +58.3% | +99.2% |
| County | Median (estimate) | 1 year | 5 years | 10 years | Rent (monthly) |
|---|---|---|---|---|---|
| Bergen County | $797,200 | +6.8% | +52.0% | +73.7% | $1,914 |
| Monmouth County | $775,100 | +6.2% | +64.2% | +94.2% | $1,827 |
| Morris County | $733,200 | +5.9% | +52.9% | +68.4% | $1,904 |
| Somerset County | $704,100 | +6.3% | +56.4% | +72.5% | $2,033 |
| Essex County | $673,300 | +5.8% | +58.2% | +87.1% | $1,531 |
| Union County | $670,000 | +5.5% | +57.8% | +83.7% | $1,730 |
| Hudson County | $665,800 | +9.6% | +47.5% | +106.8% | $1,894 |
| Hunterdon County | $653,100 | +6.3% | +54.2% | +67.5% | $1,687 |
| Middlesex County | $602,200 | +6.1% | +62.2% | +88.6% | $1,871 |
| Passaic County | $583,400 | +6.8% | +58.0% | +87.3% | $1,621 |
| Cape May County | $563,000 | +3.9% | +78.7% | +118.1% | $1,360 |
| Ocean County | $503,200 | +6.0% | +73.4% | +106.1% | $1,755 |
| Mercer County | $493,300 | +5.7% | +67.5% | +87.3% | $1,623 |
| Sussex County | $477,300 | +6.6% | +66.4% | +92.2% | $1,585 |
| Burlington County | $457,500 | +5.7% | +69.8% | +91.3% | $1,745 |
| Warren County | $448,200 | +6.8% | +68.3% | +89.0% | $1,409 |
| Gloucester County | $398,700 | +5.2% | +73.1% | +95.8% | $1,531 |
| Atlantic County | $389,600 | +7.8% | +80.5% | +104.5% | $1,376 |
| Camden County | $373,400 | +5.8% | +74.2% | +105.7% | $1,402 |
| Salem County | $302,300 | +4.6% | +69.2% | +79.0% | $1,253 |
| Cumberland County | $285,200 | +6.2% | +72.5% | +99.4% | $1,282 |
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The median home value is the Census Bureau's ACS 5-year median (owner-reported value of owner-occupied homes), updated to the latest period with the FHFA House Price Index. It is an estimate for the area, not the price of any particular home. These figures do not represent the sale or appraisal value of any specific property.