Market Overview
Home Prices in Fair Haven, NJ
The median home value in Fair Haven, NJ is $1,576,392 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.6% compared to a year ago and up 2.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Fair Haven are priced284% above average. Fair Haven is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Fair Haven home values have risen by approximately49.7%, reflecting strong long-term appreciation in this market.
Price History
Fair Haven Home Price Trend
City Comparison
Fair Haven vs. National Median
At $1,576,392, homes in Fair Haven cost 284% above the national median of $410,000. Buyers in Fair Haven should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Fair Haven?
20% Down Payment
$315,278
on $1,576,392
Monthly P&I
$8,222/mo
30-yr @ 6.8%
Total Monthly Est.
~$10,442/mo
incl. taxes & insurance
Income Needed
$417,680
gross annual (30% rule)
10% Down Option
$157,639
+ PMI applies
Loan Amount (20% dn)
$1,261,114
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 Fair Haven, NJ?
The median home value in Fair Haven is $1,576,392 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.6% year-over-year.
How much have home prices changed in Fair Haven?
Over the past year, home values in Fair Haven have increased by 6.6%. Over five years, prices have risen approximately 49.7%.
How much do I need to earn to buy a home in Fair Haven?
To comfortably afford the median home price of $1,576,392 with a 20% down payment ($315,278) at today's rates (6.8%), you'd need a gross annual income of approximately $417,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Fair Haven compare to the national average home price?
The national median home value is approximately $410,000. At $1,576,392, homes in Fair Haven are 284% above the national average.
What metro area is Fair Haven part of?
Fair Haven 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.