Demarest borough: Median Home Value Trend
How Demarest borough's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$673,200
2023
$965,400
Total change
+$292,200
% change
+43.4%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $673,200 | — |
| 2019 | $681,500 | +$8,300 (1.2%) |
| 2020 | $716,100 | +$34,600 (5.1%) |
| 2021 | $786,500 | +$70,400 (9.8%) |
| 2022 | $938,700 | +$152,200 (19.4%) |
| 2023 | $965,400 | +$26,700 (2.8%) |