Palisades Park borough: Median Home Value Trend
How Palisades 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
$521,400
2023
$704,400
Total change
+$183,000
% change
+35.1%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $521,400 | — |
| 2019 | $558,400 | +$37,000 (7.1%) |
| 2020 | $577,900 | +$19,500 (3.5%) |
| 2021 | $604,500 | +$26,600 (4.6%) |
| 2022 | $671,400 | +$66,900 (11.1%) |
| 2023 | $704,400 | +$33,000 (4.9%) |