Market Overview
Home Prices in Long Valley, NJ
The median home value in Long Valley, NJ is $745,284 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.7% compared to a year ago and up 4.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Long Valley are priced82% above average. Long Valley is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Long Valley home values have risen by approximately32.3%, reflecting strong long-term appreciation in this market.
Price History
Long Valley Home Price Trend
City Comparison
Long Valley vs. National Median
At $745,284, homes in Long Valley cost 82% above the national median of $410,000. Buyers in Long Valley should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Long Valley?
20% Down Payment
$149,057
on $745,284
Monthly P&I
$3,887/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,936/mo
incl. taxes & insurance
Income Needed
$197,440
gross annual (30% rule)
10% Down Option
$74,528
+ PMI applies
Loan Amount (20% dn)
$596,227
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 Long Valley, NJ?
The median home value in Long Valley is $745,284 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.7% year-over-year.
How much have home prices changed in Long Valley?
Over the past year, home values in Long Valley have increased by 2.7%. Over five years, prices have risen approximately 32.3%.
How much do I need to earn to buy a home in Long Valley?
To comfortably afford the median home price of $745,284 with a 20% down payment ($149,057) at today's rates (6.8%), you'd need a gross annual income of approximately $197,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Long Valley compare to the national average home price?
The national median home value is approximately $410,000. At $745,284, homes in Long Valley are 82% above the national average.
What metro area is Long Valley part of?
Long Valley 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.