Market Overview
Home Prices in Demarest, NJ
The median home value in Demarest, NJ is $1,566,155 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 17.2% compared to a year ago and up 5.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Demarest are priced282% above average. Demarest is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Demarest home values have risen by approximately57.4%, reflecting strong long-term appreciation in this market.
Price History
Demarest Home Price Trend
City Comparison
Demarest vs. National Median
At $1,566,155, homes in Demarest cost 282% above the national median of $410,000. Buyers in Demarest should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Demarest?
20% Down Payment
$313,231
on $1,566,155
Monthly P&I
$8,168/mo
30-yr @ 6.8%
Total Monthly Est.
~$10,373/mo
incl. taxes & insurance
Income Needed
$414,920
gross annual (30% rule)
10% Down Option
$156,616
+ PMI applies
Loan Amount (20% dn)
$1,252,924
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 Demarest, NJ?
The median home value in Demarest is $1,566,155 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 17.2% year-over-year.
How much have home prices changed in Demarest?
Over the past year, home values in Demarest have increased by 17.2%. Over five years, prices have risen approximately 57.4%.
How much do I need to earn to buy a home in Demarest?
To comfortably afford the median home price of $1,566,155 with a 20% down payment ($313,231) at today's rates (6.8%), you'd need a gross annual income of approximately $414,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Demarest compare to the national average home price?
The national median home value is approximately $410,000. At $1,566,155, homes in Demarest are 282% above the national average.
What metro area is Demarest part of?
Demarest 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.