Market Overview
Home Prices in Roosevelt, NJ
The median home value in Roosevelt, NJ is $514,133 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2% compared to a year ago and up 6.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Roosevelt are priced25% above average. Roosevelt is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Roosevelt home values have risen by approximately35.4%, reflecting strong long-term appreciation in this market.
Price History
Roosevelt Home Price Trend
City Comparison
Roosevelt vs. National Median
At $514,133, homes in Roosevelt cost 25% above the national median of $410,000. Buyers in Roosevelt should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Roosevelt?
20% Down Payment
$102,827
on $514,133
Monthly P&I
$2,681/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,405/mo
incl. taxes & insurance
Income Needed
$136,200
gross annual (30% rule)
10% Down Option
$51,413
+ PMI applies
Loan Amount (20% dn)
$411,306
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 Roosevelt, NJ?
The median home value in Roosevelt is $514,133 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2% year-over-year.
How much have home prices changed in Roosevelt?
Over the past year, home values in Roosevelt have increased by 2%. Over five years, prices have risen approximately 35.4%.
How much do I need to earn to buy a home in Roosevelt?
To comfortably afford the median home price of $514,133 with a 20% down payment ($102,827) at today's rates (6.8%), you'd need a gross annual income of approximately $136,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Roosevelt compare to the national average home price?
The national median home value is approximately $410,000. At $514,133, homes in Roosevelt are 25% above the national average.
What metro area is Roosevelt part of?
Roosevelt 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.