Rumson borough: Median Home Value Trend
How Rumson 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
$1,048,500
2023
$1,609,400
Total change
+$560,900
% change
+53.5%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $1,048,500 | — |
| 2019 | $1,171,900 | +$123,400 (11.8%) |
| 2020 | $1,200,600 | +$28,700 (2.4%) |
| 2021 | $1,309,200 | +$108,600 (9%) |
| 2022 | $1,539,900 | +$230,700 (17.6%) |
| 2023 | $1,609,400 | +$69,500 (4.5%) |