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New Jersey: Median Home Value Trend

How New Jersey'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
$321,100
2023
$427,600
Total change
+$106,500
% change
+33.2%
Year Median Home Value Change
2017 $321,100
2019 $335,600 +$14,500 (4.5%)
2020
2021 $355,700
2022 $401,400 +$45,700 (12.8%)
2023 $427,600 +$26,200 (6.5%)

Other New Jersey Trends