Market Overview
Home Prices in Midland Park, NJ
The median home value in Midland Park, NJ is $764,542 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.8% compared to a year ago and up 6.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Midland Park are priced86% above average. Midland Park is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Midland Park home values have risen by approximately32.7%, reflecting strong long-term appreciation in this market.
Price History
Midland Park Home Price Trend
City Comparison
Midland Park vs. National Median
At $764,542, homes in Midland Park cost 86% above the national median of $410,000. Buyers in Midland Park should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Midland Park?
20% Down Payment
$152,908
on $764,542
Monthly P&I
$3,987/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,063/mo
incl. taxes & insurance
Income Needed
$202,520
gross annual (30% rule)
10% Down Option
$76,454
+ PMI applies
Loan Amount (20% dn)
$611,634
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 Midland Park, NJ?
The median home value in Midland Park is $764,542 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.8% year-over-year.
How much have home prices changed in Midland Park?
Over the past year, home values in Midland Park have increased by 4.8%. Over five years, prices have risen approximately 32.7%.
How much do I need to earn to buy a home in Midland Park?
To comfortably afford the median home price of $764,542 with a 20% down payment ($152,908) at today's rates (6.8%), you'd need a gross annual income of approximately $202,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Midland Park compare to the national average home price?
The national median home value is approximately $410,000. At $764,542, homes in Midland Park are 86% above the national average.
What metro area is Midland Park part of?
Midland Park 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.