Market Overview
Home Prices in Avalon, NJ
The median home value in Avalon, NJ is $2,770,027 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.4% compared to a year ago and down 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Avalon are priced576% above average. Avalon is part of the Ocean City, NJ metro area.
Over the past five years, Avalon home values have risen by approximately31.6%, reflecting strong long-term appreciation in this market.
Price History
Avalon Home Price Trend
City Comparison
Avalon vs. National Median
At $2,770,027, homes in Avalon cost 576% above the national median of $410,000. Buyers in Avalon should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Avalon?
20% Down Payment
$554,005
on $2,770,027
Monthly P&I
$14,447/mo
30-yr @ 6.8%
Total Monthly Est.
~$18,348/mo
incl. taxes & insurance
Income Needed
$733,920
gross annual (30% rule)
10% Down Option
$277,003
+ PMI applies
Loan Amount (20% dn)
$2,216,022
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Avalon, NJ?
The median home value in Avalon is $2,770,027 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.4% year-over-year.
How much have home prices changed in Avalon?
Over the past year, home values in Avalon have increased by 4.4%. Over five years, prices have risen approximately 31.6%.
How much do I need to earn to buy a home in Avalon?
To comfortably afford the median home price of $2,770,027 with a 20% down payment ($554,005) at today's rates (6.8%), you'd need a gross annual income of approximately $733,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Avalon compare to the national average home price?
The national median home value is approximately $410,000. At $2,770,027, homes in Avalon are 576% above the national average.
What metro area is Avalon part of?
Avalon is part of the Ocean City, NJ metropolitan area. Home prices and market conditions can vary across the broader metro region.