Market Overview
Home Prices in Woodcliff Lake, NJ
The median home value in Woodcliff Lake, NJ is $1,289,576 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.2% compared to a year ago and up 5.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Woodcliff Lake are priced215% above average. Woodcliff Lake is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Woodcliff Lake home values have risen by approximately43.0%, reflecting strong long-term appreciation in this market.
Price History
Woodcliff Lake Home Price Trend
City Comparison
Woodcliff Lake vs. National Median
At $1,289,576, homes in Woodcliff Lake cost 215% above the national median of $410,000. Buyers in Woodcliff Lake should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Woodcliff Lake?
20% Down Payment
$257,915
on $1,289,576
Monthly P&I
$6,726/mo
30-yr @ 6.8%
Total Monthly Est.
~$8,542/mo
incl. taxes & insurance
Income Needed
$341,680
gross annual (30% rule)
10% Down Option
$128,958
+ PMI applies
Loan Amount (20% dn)
$1,031,661
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 Woodcliff Lake, NJ?
The median home value in Woodcliff Lake is $1,289,576 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.2% year-over-year.
How much have home prices changed in Woodcliff Lake?
Over the past year, home values in Woodcliff Lake have increased by 7.2%. Over five years, prices have risen approximately 43.0%.
How much do I need to earn to buy a home in Woodcliff Lake?
To comfortably afford the median home price of $1,289,576 with a 20% down payment ($257,915) at today's rates (6.8%), you'd need a gross annual income of approximately $341,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Woodcliff Lake compare to the national average home price?
The national median home value is approximately $410,000. At $1,289,576, homes in Woodcliff Lake are 215% above the national average.
What metro area is Woodcliff Lake part of?
Woodcliff Lake 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.