Market Overview
Home Prices in Avenel, NJ
The median home value in Avenel, NJ is $538,391 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.4% compared to a year ago and up 8.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Avenel are priced31% above average. Avenel is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Avenel home values have risen by approximately37.3%, reflecting strong long-term appreciation in this market.
Price History
Avenel Home Price Trend
City Comparison
Avenel vs. National Median
At $538,391, homes in Avenel cost 31% above the national median of $410,000. Buyers in Avenel should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Avenel?
20% Down Payment
$107,678
on $538,391
Monthly P&I
$2,808/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,566/mo
incl. taxes & insurance
Income Needed
$142,640
gross annual (30% rule)
10% Down Option
$53,839
+ PMI applies
Loan Amount (20% dn)
$430,713
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 Avenel, NJ?
The median home value in Avenel is $538,391 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.4% year-over-year.
How much have home prices changed in Avenel?
Over the past year, home values in Avenel have increased by 0.4%. Over five years, prices have risen approximately 37.3%.
How much do I need to earn to buy a home in Avenel?
To comfortably afford the median home price of $538,391 with a 20% down payment ($107,678) at today's rates (6.8%), you'd need a gross annual income of approximately $142,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Avenel compare to the national average home price?
The national median home value is approximately $410,000. At $538,391, homes in Avenel are 31% above the national average.
What metro area is Avenel part of?
Avenel is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.