Market Overview
Home Prices in Mansfield Township, NJ
The median home value in Mansfield Township, NJ is $524,782 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.7% compared to a year ago and up 4.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mansfield Township are priced28% above average. Mansfield Township is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro area.
Over the past five years, Mansfield Township home values have risen by approximately39.8%, reflecting strong long-term appreciation in this market.
Price History
Mansfield Township Home Price Trend
City Comparison
Mansfield Township vs. National Median
At $524,782, homes in Mansfield Township cost 28% above the national median of $410,000. Buyers in Mansfield Township should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Mansfield Township?
20% Down Payment
$104,956
on $524,782
Monthly P&I
$2,737/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,476/mo
incl. taxes & insurance
Income Needed
$139,040
gross annual (30% rule)
10% Down Option
$52,478
+ PMI applies
Loan Amount (20% dn)
$419,826
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 Mansfield Township, NJ?
The median home value in Mansfield Township is $524,782 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.7% year-over-year.
How much have home prices changed in Mansfield Township?
Over the past year, home values in Mansfield Township have increased by 3.7%. Over five years, prices have risen approximately 39.8%.
How much do I need to earn to buy a home in Mansfield Township?
To comfortably afford the median home price of $524,782 with a 20% down payment ($104,956) at today's rates (6.8%), you'd need a gross annual income of approximately $139,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Mansfield Township compare to the national average home price?
The national median home value is approximately $410,000. At $524,782, homes in Mansfield Township are 28% above the national average.
What metro area is Mansfield Township part of?
Mansfield Township is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area. Home prices and market conditions can vary across the broader metro region.