Watchung borough: Median Home Value Trend
How Watchung 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
$717,200
2023
$833,300
Total change
+$116,100
% change
+16.2%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $717,200 | — |
| 2019 | $674,500 | $42,700 (-6%) |
| 2020 | $726,000 | +$51,500 (7.6%) |
| 2021 | $708,300 | $17,700 (-2.4%) |
| 2022 | $792,400 | +$84,100 (11.9%) |
| 2023 | $833,300 | +$40,900 (5.2%) |