Mendham borough: Median Home Value Trend
How Mendham 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
$640,100
2023
$764,000
Total change
+$123,900
% change
+19.4%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $640,100 | — |
| 2019 | $662,300 | +$22,200 (3.5%) |
| 2020 | $679,500 | +$17,200 (2.6%) |
| 2021 | $670,600 | $8,900 (-1.3%) |
| 2022 | $759,800 | +$89,200 (13.3%) |
| 2023 | $764,000 | +$4,200 (0.6%) |