New Jersey Housing Market Forecast 2026–2027

New Jersey home values are up 3.6% YoY — what's next?

OpenRoof Score

Insufficient data

Not enough trustworthy data to score this market yet. OpenRoof Score requires coverage across multiple index dimensions.

Key Market Data — New Jersey

Median Home Value

667,557

Source: Zillow ZHVI

Home Value YoY

4

Source: Zillow ZHVI

Avg Monthly Rent

2,672

Source: Zillow ZORI

Rent YoY

4

Source: Zillow ZORI

Top Metro Markets in New Jersey

Ocean City, NJ
+5.1%
New York-Newark-Jersey City, NY-NJ-PA
+4.0%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
+3.2%
Atlantic City-Hammonton, NJ
+3.0%
Allentown-Bethlehem-Easton, PA-NJ
+2.0%

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Data sources: Zillow ZHVI (home values, updated mid-month), Zillow ZORI (rent, updated mid-month), Realtor.com (inventory, days on market, updated 1st week of month), U.S. Census ACS (income, population, updated annually). Data as of April 2026.