Median Housing Value Comparison
Housing

Massachusetts vs New Jersey: Median Housing Value

New Jersey has lower median home values than Massachusetts by $109,500.

Massachusetts flag
Massachusetts
MA • Northeast
$510,400
Median residential home value in U.S. dollars.
New Jersey flag
New Jersey
NJ • Northeast
Winner
$400,900
Median residential home value in U.S. dollars.

Visual Comparison

Massachusetts $510,400
New Jersey $400,900

Difference: $109,500 — New Jersey leads.

National Rankings

Where They Rank Nationally

See where both states fall among all 50 states for median housing value.

Massachusetts #47 · $510,400
New Jersey #43 · $400,900
Best Worst

10 Best States — Median Housing Value

Lower is better
#1 West Virginia flag West Virginia
$124,800
#2 Mississippi flag Mississippi
$140,800
#3 Arkansas flag Arkansas
$154,200
#4 Oklahoma flag Oklahoma
$171,200
#5 Kentucky flag Kentucky
$172,800
#6 Iowa flag Iowa
$173,300
#7 Louisiana flag Louisiana
$173,400
#8 Alabama flag Alabama
$174,600
#9 Kansas flag Kansas
$185,900
#10 Ohio flag Ohio
$196,200
Selected states
#47 Massachusetts flag Massachusetts
$510,400
#43 New Jersey flag New Jersey
$400,900

Massachusetts ranks 47th and New Jersey ranks 43rd nationally for median housing value.

Related Context

Housing in Context

A home price only makes sense relative to income, taxes, and ongoing ownership costs.

What This Means

Massachusetts vs New Jersey: Median Housing Value in context

New Jersey has a median housing value of $400,900, compared with $510,400 in Massachusetts. Median residential home value in U.S. dollars.

Massachusetts
$510,400
New Jersey
$400,900
Difference
$109,500

People Also Ask

Massachusetts vs New Jersey Median Housing Value — Common Questions

Q What is Massachusetts's median housing value?

Massachusetts's median housing value is $510,400.

Q What is New Jersey's median housing value?

New Jersey's median housing value is $400,900.

Q Which state has a lower median housing value — Massachusetts or New Jersey?

New Jersey has lower median home values than Massachusetts by $109,500.

Sources: Core demographic data comes from the 2020 U.S. Census, with land area from U.S. Census Bureau TIGER files. Income, housing, affordability, and tax fields are maintained in our comparison dataset; purchasing-power figures use BEA Regional Price Parities. Minimum wage data comes from the U.S. Department of Labor, gas prices from AAA, and electricity rates from the U.S. Energy Information Administration. Political control and election fields use 2024 presidential results together with National Conference of State Legislatures data. Gun-law labels use the Giffords scorecard, alcohol system data comes from NABCA, and marijuana status uses NCSL's state cannabis laws tracker.