Parsippany CDP: Median Home Value Trend
How Parsippany CDP's median home value changed from 2020 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.
2020
$446,000
2023
$540,800
Total change
+$94,800
% change
+21.3%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | — | — |
| 2019 | — | — |
| 2020 | $446,000 | — |
| 2021 | $454,400 | +$8,400 (1.9%) |
| 2022 | $517,500 | +$63,100 (13.9%) |
| 2023 | $540,800 | +$23,300 (4.5%) |