Market Overview
Home Prices in Great Meadows, NJ
The median home value in Great Meadows, NJ is $490,339 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.3% compared to a year ago and up 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Great Meadows are priced20% above average. Great Meadows is part of the Allentown-Bethlehem-Easton, PA-NJ metro area.
Price History
Great Meadows Home Price Trend
2024
$471,479
$471K
—
2025
$483,990
$484K
+2.7%
2026
$490,339
$490K
+1.3%
City Comparison
Great Meadows vs. National Median
🏠 Great Meadows
$490,339
National Median
$410,000
At $490,339, homes in Great Meadows cost 20% above the national median of $410,000. Buyers in Great Meadows should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Great Meadows?
20% Down Payment
$98,068
on $490,339
Monthly P&I
$2,557/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,247/mo
incl. taxes & insurance
Income Needed
$129,880
gross annual (30% rule)
10% Down Option
$49,034
+ PMI applies
Loan Amount (20% dn)
$392,271
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 Great Meadows, NJ?
The median home value in Great Meadows is $490,339 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.3% year-over-year.
How much have home prices changed in Great Meadows?
Over the past year, home values in Great Meadows have increased by 1.3%.
How much do I need to earn to buy a home in Great Meadows?
To comfortably afford the median home price of $490,339 with a 20% down payment ($98,068) at today's rates (6.8%), you'd need a gross annual income of approximately $129,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Great Meadows compare to the national average home price?
The national median home value is approximately $410,000. At $490,339, homes in Great Meadows are 20% above the national average.
What metro area is Great Meadows part of?
Great Meadows is part of the Allentown-Bethlehem-Easton, PA-NJ metropolitan area. Home prices and market conditions can vary across the broader metro region.