Market Overview
Home Prices in Victory Gardens, NJ
The median home value in Victory Gardens, NJ is $355,030 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 8.5% compared to a year ago and down 4.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Victory Gardens are priced13% below average. Victory Gardens is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Victory Gardens home values have risen by approximately6.9%, reflecting steady appreciation in this market.
Price History
Victory Gardens Home Price Trend
City Comparison
Victory Gardens vs. National Median
At $355,030, homes in Victory Gardens cost 13% below the national median of $410,000. This makes Victory Gardens a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Victory Gardens?
20% Down Payment
$71,006
on $355,030
Monthly P&I
$1,852/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,352/mo
incl. taxes & insurance
Income Needed
$94,080
gross annual (30% rule)
10% Down Option
$35,503
+ PMI applies
Loan Amount (20% dn)
$284,024
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 Victory Gardens, NJ?
The median home value in Victory Gardens is $355,030 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 8.5% year-over-year.
How much have home prices changed in Victory Gardens?
Over the past year, home values in Victory Gardens have decreased by 8.5%. Over five years, prices have risen approximately 6.9%.
How much do I need to earn to buy a home in Victory Gardens?
To comfortably afford the median home price of $355,030 with a 20% down payment ($71,006) at today's rates (6.8%), you'd need a gross annual income of approximately $94,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Victory Gardens compare to the national average home price?
The national median home value is approximately $410,000. At $355,030, homes in Victory Gardens are 13% below the national average.
What metro area is Victory Gardens part of?
Victory Gardens 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.