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Zillow Home Value Index (ZHVI) for All Homes Including Single-Family Residences, Condos, and CO-OPs in New Jersey (NJUCSFRCONDOSMSAMID)

Observations

Mar 2025: 548,337.56697
Updated: Apr 17, 2025 3:31 AM CDT
Mar 2025:  548,337.56697  
Feb 2025:  546,845.91989  
Jan 2025:  545,381.26788  
Dec 2024:  544,135.43244  
Nov 2024:  542,534.76844  

Units:

Dollars,
Smoothed Seasonally Adjusted

Frequency:

Monthly

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Notes

Title Release Dates
Zillow Home Value Index (ZHVI) for All Homes Including Single-Family Residences, Condos, and CO-OPs in New Jersey 2022-01-20 2025-04-17
 
Source    
Zillow 2022-01-20 2025-04-17
 
Release    
Zillow Home Value Index (ZHVI) 2022-01-20 2025-04-17
 
Units    
Dollars 2022-01-20 2025-04-17
 
Frequency    
Monthly 2022-01-20 2025-04-17
 
Seasonal Adjustment    
Smoothed Seasonally Adjusted 2022-01-20 2025-04-17
 
Notes    
The Zillow Home Value Index or ZHVI is a smoothed, seasonally adjusted measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Home types captured in ZHVI include single-family residences, condos, and co-ops.

A single-family home is a standalone, detached house used as a single dwelling unit, meaning a residence for one family, person or household. It has its own private entrance and direct street access, and is built on its own land, usually with additional yard space.

An owner-occupied apartment is generally referred to as a condominium or condo. The public common areas are jointly-owned and usually managed by a homeowners association (HOA).

A cooperative, or co-op, is a type of housing that is actually a corporation. A co-op resembles a condominium but the unit owners do not own their unit outright. Each resident owns a share in a corporation that entitles them to live in one of the units under a lease agreement.

For more information on types of houses, check out Zillow's types of houses article (https://www.zillow.com/resources/stay-informed/types-of-houses/). For information about ZHVI, check out their user guide (https://www.zillow.com/research/zhvi-user-guide/). For more information about methodology check out this overview of ZHVI (https://www.zillow.com/research/zhvi-methodology-2019-highlights-26221/) and a deep-dive into its methodology (https://www.zillow.com/research/zhvi-methodology-2019-deep-26226/).

2022-01-20 2025-04-17

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Zillow 1-Unit Structures New Jersey Family Residential Housing State Indexes Copyrighted: Citation Required Seasonally Adjusted Monthly United States of America