Market Overview
Home Prices in Highlands, NJ
The median home value in Highlands, NJ is $604,097 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.6% compared to a year ago and up 0.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Highlands are priced47% above average. Highlands is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Highlands home values have risen by approximately36.2%, reflecting strong long-term appreciation in this market.
Price History
Highlands Home Price Trend
City Comparison
Highlands vs. National Median
At $604,097, homes in Highlands cost 47% above the national median of $410,000. Buyers in Highlands should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Highlands?
20% Down Payment
$120,819
on $604,097
Monthly P&I
$3,151/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,002/mo
incl. taxes & insurance
Income Needed
$160,080
gross annual (30% rule)
10% Down Option
$60,410
+ PMI applies
Loan Amount (20% dn)
$483,278
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 Highlands, NJ?
The median home value in Highlands is $604,097 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.6% year-over-year.
How much have home prices changed in Highlands?
Over the past year, home values in Highlands have increased by 3.6%. Over five years, prices have risen approximately 36.2%.
How much do I need to earn to buy a home in Highlands?
To comfortably afford the median home price of $604,097 with a 20% down payment ($120,819) at today's rates (6.8%), you'd need a gross annual income of approximately $160,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Highlands compare to the national average home price?
The national median home value is approximately $410,000. At $604,097, homes in Highlands are 47% above the national average.
What metro area is Highlands part of?
Highlands 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.