AREA STATISTICS

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Explore housing trends and commercial property markets for your area.

Sources checked October 6, 2026

State

County or state overview

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New Jersey

Census ACS · 2020–2024 estimates

Median home value

$454,400

Owner-occupied homes · 2020–2024

90% margin of error: ±$1,150

Median monthly gross rent

$1,720

Rent plus tenant-paid utilities · 2020–2024

90% margin of error: ±$7

Homeownership

63.8%

Owner share of occupied homes · 2020–2024

2,239,128 owner-occupied units

Housing vacancy

7.5%

Vacant share of all homes · 2020–2024

283,653 vacant units

NEW JERSEY · STATEWIDE

House price trend

FHFA purchase-only house price index · seasonally adjusted · 1991 Q1 = 100

Quarterly change+1.03%

Yearly change+4.59%

5-year change+50.51%

Through 2026 Q2. An index tracks price movement; it is not a dollar price.

View price data

New Jersey · FHFA purchase-only, seasonally adjusted
Quarter	Price index
2021 Q2	294.14
2021 Q3	303.30
2021 Q4	314.90
2022 Q1	326.35
2022 Q2	335.93
2022 Q3	340.18
2022 Q4	340.93
2023 Q1	346.80
2023 Q2	358.96
2023 Q3	370.95
2023 Q4	379.49
2024 Q1	388.48
2024 Q2	393.60
2024 Q3	401.58
2024 Q4	412.22
2025 Q1	418.60
2025 Q2	423.29
2025 Q3	425.53
2025 Q4	432.42
2026 Q1	438.19
2026 Q2	442.71

NEW JERSEY

Who owns, who rents?

Share of occupied housing units · 2020–2024 ACS

0%50%100%

Owner-occupied63.8%

Renter-occupied36.2%

Read the numbers in context

Home value is a homeowner’s estimate of what their home would sell for. Gross rent includes utilities paid separately by renters.

Vacancy includes seasonal homes and other vacant units, as well as homes available for sale or rent.

Sources & coverage

FHFA House Price Index Quarterly purchase-only state series, seasonally adjusted. Covers transactions financed by mortgages bought or securitized by Fannie Mae or Freddie Mac.

U.S. Census Bureau · ACS 2020–2024 five-year survey estimates, in 2024 dollars. Tables B25077, B25064, B25003, and B25002. Retrieved through Census Reporter.

This is a dated data snapshot, not a live listing feed. Five-year estimates describe the combined period. County housing charts and state trends use the geographic coverage shown in their labels. Values marked unavailable have no usable published estimate.