Market Overview
Home Prices in Greenwich, NJ
The median home value in Greenwich, NJ is $288,518 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.7% compared to a year ago and down 3.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Greenwich are priced30% below average. Greenwich is part of the Vineland-Bridgeton, NJ metro area.
Over the past five years, Greenwich home values have risen by approximately11.4%, reflecting steady appreciation in this market.
Price History
Greenwich Home Price Trend
City Comparison
Greenwich vs. National Median
At $288,518, homes in Greenwich cost 30% below the national median of $410,000. This makes Greenwich a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Greenwich?
20% Down Payment
$57,704
on $288,518
Monthly P&I
$1,505/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,911/mo
incl. taxes & insurance
Income Needed
$76,440
gross annual (30% rule)
10% Down Option
$28,852
+ PMI applies
Loan Amount (20% dn)
$230,814
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 Greenwich, NJ?
The median home value in Greenwich is $288,518 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.7% year-over-year.
How much have home prices changed in Greenwich?
Over the past year, home values in Greenwich have decreased by 1.7%. Over five years, prices have risen approximately 11.4%.
How much do I need to earn to buy a home in Greenwich?
To comfortably afford the median home price of $288,518 with a 20% down payment ($57,704) at today's rates (6.8%), you'd need a gross annual income of approximately $76,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Greenwich compare to the national average home price?
The national median home value is approximately $410,000. At $288,518, homes in Greenwich are 30% below the national average.
What metro area is Greenwich part of?
Greenwich is part of the Vineland-Bridgeton, NJ metropolitan area. Home prices and market conditions can vary across the broader metro region.