Essex County, NJ home prices
Essex County, NJ: the typical home is worth $668,383 as of 2026-05, up +3.7% over the past year and +242.7% since 2000. Listings run about $353/sq ft…
Essex County is cooling and overvalued — unaffordable for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
1975: $36,385 → 2026: $668,383 (18.4×) pre-2000 estimated via FHFA index
Market read
At $668,383, homes in Essex County sit 14% above the New Jersey median ($587,181) and 186% above the US median ($233,954). That ranks #5 of 21 New Jersey counties by price.
Prices are holding steady (+3.7% in the last year) — a balanced market.
Homes here move at a steady pace — a median 31 days on the market, with 6% of listings cutting their asking price.
At 8.4× local income, that's pricier than the typical US county (~3.8×).
Against the typical US price-to-income and price-to-rent, homes here look ~73% expensive for local incomes and rents.
Renting looks cheaper — buying the typical home runs ~$3,299/mo (P&I, 20% down) vs $2,266/mo to rent.
Home value history
Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →
Nearby counties
Union County, NJ ($633,082) · Hudson County, NJ ($645,249) · New York County, NY ($1,206,341) · Bergen County, NJ ($786,366) · Morris County, NJ ($713,369) · Richmond County, NY ($727,917)
Frequently asked questions
What is the average home price in Essex County, NJ?
Are home prices in Essex County rising or falling?
Is Essex County affordable?
What is the rental yield in Essex County?
How fast do homes sell in Essex County?
| Year | Median home value |
|---|---|
| 2000 | $195,062 |
| 2001 | $215,155 |
| 2002 | $244,542 |
| 2003 | $279,700 |
| 2004 | $313,944 |
| 2005 | $361,082 |
| 2006 | $411,046 |
| 2007 | $433,464 |
| 2008 | $419,584 |
| 2009 | $386,016 |
| 2010 | $354,670 |
| 2011 | $344,399 |
| 2012 | $315,928 |
| 2013 | $318,016 |
| 2014 | $330,749 |
| 2015 | $353,189 |
| 2016 | $368,723 |
| 2017 | $379,215 |
| 2018 | $396,810 |
| 2019 | $414,058 |
| 2020 | $433,590 |
| 2021 | $479,750 |
| 2022 | $517,984 |
| 2023 | $547,496 |
| 2024 | $595,457 |
| 2025 | $639,209 |
| 2026 | $662,635 |