Market Overview
Home Prices in Little Falls, NJ
The median home value in Little Falls, NJ is $625,989 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.6% compared to a year ago and up 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Little Falls are priced53% above average. Little Falls is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Little Falls home values have risen by approximately30.8%, reflecting strong long-term appreciation in this market.
Price History
Little Falls Home Price Trend
City Comparison
Little Falls vs. National Median
At $625,989, homes in Little Falls cost 53% above the national median of $410,000. Buyers in Little Falls should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Little Falls?
20% Down Payment
$125,198
on $625,989
Monthly P&I
$3,265/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,147/mo
incl. taxes & insurance
Income Needed
$165,880
gross annual (30% rule)
10% Down Option
$62,599
+ PMI applies
Loan Amount (20% dn)
$500,791
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 Little Falls, NJ?
The median home value in Little Falls is $625,989 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 Little Falls?
Over the past year, home values in Little Falls have increased by 3.6%. Over five years, prices have risen approximately 30.8%.
How much do I need to earn to buy a home in Little Falls?
To comfortably afford the median home price of $625,989 with a 20% down payment ($125,198) at today's rates (6.8%), you'd need a gross annual income of approximately $165,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Little Falls compare to the national average home price?
The national median home value is approximately $410,000. At $625,989, homes in Little Falls are 53% above the national average.
What metro area is Little Falls part of?
Little Falls 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.