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Median Home Price in Elizabeth, NJ

The median home value in Elizabeth, NJ is $552,348, up 2.89% from a year earlier.

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City housing-data period: September 2026. City source retrieval/check time (UTC) is recorded in the feed's updated field when available, not in the housing-data period.

Checked daily for new monthly Zillow releases, not new daily prices. Income and crime data are updated separately, not by the daily housing-data check. Unavailable means observation dates are missing or invalid.

Median Home Value

$552,348

Year-over-Year

+2.89%

Population

138,500

Home value history

The typical home value increased by 1.0%, from $546,906 in May 2026 to $552,348 in Sep 2026.

Elizabeth, NJ typical home value from May 2026 to Sep 2026

Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.

Elizabeth, NJ monthly home value history
MonthTypical home valueYear-over-year change
May 2026$546,906+1.2%
Jun 2026$547,806+1.2%
Jul 2026$548,370+1.8%
Aug 2026$548,920+2.5%
Sep 2026$552,348+2.9%

Elizabeth ranks #103 of 171 New Jersey cities tracked here by median home value, and sits 11.6% below the state's city median of $624,825. It sits in Union County, where the county-wide median is $627,890.

Housing affordability in Elizabeth

Median household income in Elizabeth is $66,555, so the typical home value is about 8.3× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Elizabeth

Elizabeth police recorded a violent crime rate of 409 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 2,658 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Elizabeth

What is the average home price in Elizabeth, NJ?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Elizabeth, that value is $552,348. That's up 2.89% from a year earlier. It is about 11.6% below the typical New Jersey city tracked here.

Is Elizabeth expensive compared to the surrounding area?

Homes in Elizabeth are cheaper than Union County as a whole, where the median is $627,890 — a difference of about 12.0%.

Is Elizabeth affordable?

Median household income here is $66,555, so the typical home value is about 8.3× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Elizabeth a safe place to live?

Elizabeth police reported 409 violent crimes per 100,000 residents, covering a population of about 138,500. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in NJ

Spotswood · Carteret · Butler · Passaic · Prospect Park · Voorhees Township · Somerville · Roselle Park