$299,900
2 bd3 ba- sqft
12-2 Cardinal Ln
New Jersey Housing Market
$548,338
6.5% 1-yrThe average New Jersey home value is $548,338, up 6.5% over the past year and goes to pending in around 20 days.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
New Jersey Key Takeaways
Typical Home Values: $548,338
1-year Value Change: +6.5%
(Data through March 31, 2025)
New Jersey Housing Market Overview
--1-year Market Forecast
17,428For sale inventory(March 31, 2025)
6,778New listings(March 31, 2025)
1.000Median sale to list ratio(February 28, 2025)
$480,000Median sale price(February 28, 2025)
$517,967Median list price(March 31, 2025)
49.9%Percent of sales over list price(February 28, 2025)
36.5%Percent of sales under list price(February 28, 2025)
20Median days to pending(March 31, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Cities in New Jersey
- NameMedian ZHVI
- Chesterfield Township$689,018
- Mansfield Township$482,319
- Bordentown Township$423,652
- Fieldsboro$367,855
- North Hanover Township$526,396
- Springfield Township$502,102
- Wrightstown$291,215
- Allentown$684,955
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New Jersey Rental Market Trends
--Average rent in New Jersey
$2,005National average rent(March 31, 2025)
--Month-over-month change
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
