Long Valley, NJ—07853
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Long Valley, NJ
As of Oct '25, the median home price in Long Valley, NJ is $713,000, with a year-over-year change of 2.7%. This indicates that home prices in Long Valley, NJ are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $713,000 | 2.7% |
| Single Family | $713,000 | 2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $595,000 | 4.0% |
4 Bed | $772,000 | 3.1% |
| 5 Bed | $923,000 | 2.4% |
% of Housing Stock
Rental Trends — Long Valley, NJ
As of July '25, Rentcast reports the average rent in Long Valley, NJ is $3,140, with a year-over-year rent change of 34.2%. Per bedroom, the median rent as of July '25 in Long Valley, NJ is 1-bedrooms: $1,000, 3-bedrooms: $3,480, 4-bedrooms: $3,890. The most common rental property sizes in Long Valley, NJ are 2-bedroom and 3-bedroom, accounting for 38.2% and 30.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $3,140 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,000 | $1,000 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,950 | $3,480 |
| 4 Bed Rent | $3,500 | $3,890 |
% of Rental Stock
Property Listings — Long Valley, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Long Valley, NJ is 41. This is a increase of 23.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $800,000 | 11.0% |
Listing Count | 31 | -13.0% |
| Listings as % of Homes | 0.5% | -13.0% |
Days on Market | 41 | 23.0% |
Demographics — Long Valley, NJ
As of the latest ACS Survey released in 2023, Long Valley, NJ has a population of 12,400, which has decreased by -4.4% over the past 5 years. Long Valley, NJ is a popular place for families, as children make up 25.2% of the population. The area has a highly educated workforce, with 63.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,400 | -4.4% |
% Under 18 | 25.2% | -4.5% |
% Seniors | 17.9% | 35.6% |
% WFH | 26.3% | 168.4% |
% w/ College Degree | 63.5% | 1.8% |
As of the latest ACS Survey released in 2023, Long Valley, NJ is a predominantly white area, with 80.5% of the population identifying as white. The white population has shrunk by 12.4% in the last 5 years. The second most common race or ethnicity in Long Valley, NJ is hispanic, making up 11.8% of the population. Foreign-born residents account for 9.1% of the population in Long Valley, NJ, and this percentage has increased by 40.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 80.5% | -12.4% |
% Black | 1.0% | 25.0% |
% Hispanic | 11.8% | 521.1% |
% Asian | 3.4% | -10.5% |
% Foreign Born | 9.1% | 40.0% |
Mortgage and Risk — Long Valley, NJ
According to HUD data as of 2023, there were 76 mortgage originations in Long Valley, NJ, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Long Valley, NJ. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 76 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Long Valley, NJ
Long Valley, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $700 | $1,000 | $1,700 |
| 2 Bedroom | N/A | N/A | $2,070 |
| 3 Bedroom | -$350 | $2,950 | $2,600 |
| 4 Bedroom | -$540 | $3,500 | $2,960 |
Affordability — Long Valley, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $713,000 |
| Median Household Income | $184,000 |