Market Overview
Home Prices in Dumont, NJ
The median home value in Dumont, NJ is $688,007 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.1% compared to a year ago and up 5.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dumont are priced68% above average. Dumont is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Dumont home values have risen by approximately37.3%, reflecting strong long-term appreciation in this market.
Price History
Dumont Home Price Trend
City Comparison
Dumont vs. National Median
At $688,007, homes in Dumont cost 68% above the national median of $410,000. Buyers in Dumont should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Dumont?
20% Down Payment
$137,601
on $688,007
Monthly P&I
$3,588/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,557/mo
incl. taxes & insurance
Income Needed
$182,280
gross annual (30% rule)
10% Down Option
$68,801
+ PMI applies
Loan Amount (20% dn)
$550,406
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 Dumont, NJ?
The median home value in Dumont is $688,007 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.1% year-over-year.
How much have home prices changed in Dumont?
Over the past year, home values in Dumont have increased by 8.1%. Over five years, prices have risen approximately 37.3%.
How much do I need to earn to buy a home in Dumont?
To comfortably afford the median home price of $688,007 with a 20% down payment ($137,601) at today's rates (6.8%), you'd need a gross annual income of approximately $182,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Dumont compare to the national average home price?
The national median home value is approximately $410,000. At $688,007, homes in Dumont are 68% above the national average.
What metro area is Dumont part of?
Dumont 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.