Market Overview
Home Prices in Scotch Plains, NJ
The median home value in Scotch Plains, NJ is $854,450 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.3% compared to a year ago and up 5.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Scotch Plains are priced108% above average. Scotch Plains is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Scotch Plains home values have risen by approximately38.5%, reflecting strong long-term appreciation in this market.
Price History
Scotch Plains Home Price Trend
City Comparison
Scotch Plains vs. National Median
At $854,450, homes in Scotch Plains cost 108% above the national median of $410,000. Buyers in Scotch Plains should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Scotch Plains?
20% Down Payment
$170,890
on $854,450
Monthly P&I
$4,456/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,659/mo
incl. taxes & insurance
Income Needed
$226,360
gross annual (30% rule)
10% Down Option
$85,445
+ PMI applies
Loan Amount (20% dn)
$683,560
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 Scotch Plains, NJ?
The median home value in Scotch Plains is $854,450 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.3% year-over-year.
How much have home prices changed in Scotch Plains?
Over the past year, home values in Scotch Plains have increased by 5.3%. Over five years, prices have risen approximately 38.5%.
How much do I need to earn to buy a home in Scotch Plains?
To comfortably afford the median home price of $854,450 with a 20% down payment ($170,890) at today's rates (6.8%), you'd need a gross annual income of approximately $226,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Scotch Plains compare to the national average home price?
The national median home value is approximately $410,000. At $854,450, homes in Scotch Plains are 108% above the national average.
What metro area is Scotch Plains part of?
Scotch Plains 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.