Boonton, NJ—07005
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$738,000
3.5% YoY Growth
Household Income
$126,000
13.5% YoY Growth
Days on Market
23
9.0% Longer YoY
Home Price Forecast
2.4%
Median Rent
$2,850
0.0% YoY Growth
1-Bed Rent
$1,800
21.1% YoY Growth
2-Bed Rent
$2,600
1.2% YoY Growth
3-Bed Rent
$3,700
33.6% YoY Growth
Home Price Trends — Boonton, NJ
As of May '26, the median home price in Boonton, NJ is $738,000, with a year-over-year change of 3.5%. This indicates that home prices in Boonton, NJ are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $738,000 | 3.5% |
| Single Family | $745,000 | 3.8% |
| Condos | $568,000 | 3.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |