Florham Park borough: Median Home Value Trend
How Florham Park 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
$619,800
2023
$722,700
Total change
+$102,900
% change
+16.6%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $619,800 | — |
| 2019 | $645,800 | +$26,000 (4.2%) |
| 2020 | $612,500 | $33,300 (-5.2%) |
| 2021 | $626,100 | +$13,600 (2.2%) |
| 2022 | $705,200 | +$79,100 (12.6%) |
| 2023 | $722,700 | +$17,500 (2.5%) |