📍 Mine Hill Township, NJ · Zillow ZHVI · July 2026

Average Home Price in
Mine Hill Township, NJ

New York-Newark-Jersey City, NY-NJ-PA metro area · Morris County County

Median Home Value
$508,659
↑ 0.7% year-over-year
vs. National Median
$410,000
Mine Hill Township is 24% above
Est. Monthly Payment
$2,653/mo
20% down · 6.8% rate
Income Needed
$135K
gross annual (30% rule)
Median Home Value
$508,659
↑ 0.7% year-over-year

Down Payment (20%)$101,732
Monthly P&I$2,653/mo
With Taxes & Ins.~$3,369/mo
Income Needed$134,760/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Mine Hill Township, NJ

The median home value in Mine Hill Township, NJ is $508,659 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.7% compared to a year ago and up 5.3% from two years prior.

Compared to the U.S. national median of $410,000, homes in Mine Hill Township are priced24% above average. Mine Hill Township is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.

Over the past five years, Mine Hill Township home values have risen by approximately33.3%, reflecting strong long-term appreciation in this market.

City Comparison

Mine Hill Township vs. National Median

🏠 Mine Hill Township
$508,659
National Median
$410,000

At $508,659, homes in Mine Hill Township cost 24% above the national median of $410,000. Buyers in Mine Hill Township should expect to pay a premium compared to most U.S. markets.

Affordability

What Does It Cost to Buy in Mine Hill Township?

20% Down Payment
$101,732
on $508,659
Monthly P&I
$2,653/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,369/mo
incl. taxes & insurance
Income Needed
$134,760
gross annual (30% rule)
10% Down Option
$50,866
+ PMI applies
Loan Amount (20% dn)
$406,927
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 Mine Hill Township, NJ?
The median home value in Mine Hill Township is $508,659 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.7% year-over-year.
How much have home prices changed in Mine Hill Township?
Over the past year, home values in Mine Hill Township have increased by 0.7%. Over five years, prices have risen approximately 33.3%.
How much do I need to earn to buy a home in Mine Hill Township?
To comfortably afford the median home price of $508,659 with a 20% down payment ($101,732) at today's rates (6.8%), you'd need a gross annual income of approximately $134,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Mine Hill Township compare to the national average home price?
The national median home value is approximately $410,000. At $508,659, homes in Mine Hill Township are 24% above the national average.
What metro area is Mine Hill Township part of?
Mine Hill Township 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.