07027 Housing Market

$673,673

6.7% 1-yr

The average 07027 home value is $673,673, up 6.7% over the past year.

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.

Learn more about the Zillow Home Value Index

07027 Key Takeaways

Typical Home Values: $673,673

1-year Value Change: +6.7%

(Data through June 30, 2025)

07027 Housing Market Overview

1.5%1-year Market Forecast(June 30, 2025)

8For sale inventory(June 30, 2025)

--New listings(June 30, 2025)

--Median sale to list ratio

--Median sale price(May 31, 2025)

--Median list price(June 30, 2025)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(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.

Nearby Zip Codes

NameMedian ZHVI
07090$1,242,318
07016$782,957
07066$718,161
07033$652,321
07092$1,037,072
07076$842,009
07204$550,711
07203$519,122
07081$719,038

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07027 Rental Market Trends

$2,275Average rent in 07027(June 30, 2025)

$2,069National average rent(June 30, 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.