Market Overview
Home Prices in Rutherford, NJ
The median home value in Rutherford, NJ is $763,134 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.1% 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 Rutherford are priced86% above average. Rutherford is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Rutherford home values have risen by approximately27.6%, reflecting strong long-term appreciation in this market.
Price History
Rutherford Home Price Trend
City Comparison
Rutherford vs. National Median
At $763,134, homes in Rutherford cost 86% above the national median of $410,000. Buyers in Rutherford should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Rutherford?
20% Down Payment
$152,627
on $763,134
Monthly P&I
$3,980/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,055/mo
incl. taxes & insurance
Income Needed
$202,200
gross annual (30% rule)
10% Down Option
$76,313
+ PMI applies
Loan Amount (20% dn)
$610,507
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 Rutherford, NJ?
The median home value in Rutherford is $763,134 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.1% year-over-year.
How much have home prices changed in Rutherford?
Over the past year, home values in Rutherford have increased by 5.1%. Over five years, prices have risen approximately 27.6%.
How much do I need to earn to buy a home in Rutherford?
To comfortably afford the median home price of $763,134 with a 20% down payment ($152,627) at today's rates (6.8%), you'd need a gross annual income of approximately $202,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Rutherford compare to the national average home price?
The national median home value is approximately $410,000. At $763,134, homes in Rutherford are 86% above the national average.
What metro area is Rutherford part of?
Rutherford 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.