Real Estate Price Maphome prices by county

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…

Data as of · by the Real Estate Price Map data team · methodology & sources

Essex County is cooling and overvalued — unaffordable for what people here earn.

Momentum+3.7%Cooling
Valuation+73%High bubble risk
Affordability3/10Unaffordable
Market31 daysSeller's market

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

Typical value$668,3832026-05
1-year+3.7%
5-year+33.2%
10-year+80.3%
Since 2000+242.7%
Population881k2024
Median income$80,0052023 · 8.4× income
Median rent$2,266/mo2026 · 4.1% gross yield
New homes/yr3,8272024
Price / sq ft$353listings
Days on market312026-06
Active listings8992026-06
Price cuts6%of listings

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 →

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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?
The typical home in Essex County is worth $668,383 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Essex County rising or falling?
Prices are up +3.7% over the past year and +242.7% since 2000 — a balanced market.
Is Essex County affordable?
At 8.4× the local median income of $80,005, Essex County is pricier than the typical US county.
What is the rental yield in Essex County?
Median rent is $2,266/mo — a gross rental yield of 4.1% on the typical home.
How fast do homes sell in Essex County?
Homes here take a median of 31 days to sell, with 6% of listings cutting their asking price.
Median home value by year
YearMedian 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