A typical Avenel home is worth about $529,000
Up 0.9% in a year, 9% below the New Jersey typical home. Homes typically sell in 69 days, close to asking.
Up 34.2% in five years
About the same pace as New Jersey (35.4%).
Show as a table
| January | Avenel | New Jersey |
|---|---|---|
| 2017 | $288,000 | $317,000 |
| 2018 | $300,000 | $330,000 |
| 2019 | $316,000 | $343,000 |
| 2020 | $341,000 | $358,000 |
| 2021 | $361,000 | $394,000 |
| 2022 | $406,000 | $441,000 |
| 2023 | $431,000 | $471,000 |
| 2024 | $466,000 | $511,000 |
| 2025 | $511,000 | $551,000 |
| 2026 | $531,000 | $568,000 |
| August 2026 | $529,000 | $580,000 |
A typical Avenel home worth $284K in September 2016 is worth about $529K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A balanced market
About 4.8 months of supply: neither buyers nor sellers have a clear edge.
Under ~4 months of supply favors sellers; over ~6 favors buyers.
Redfin Data Center, all residential sales, May 2026.
A typical home costs 5.2 years of income
Less than across New Jersey (5.6 years). Try your own numbers below.
That’s $195K short of a typical Avenel home.
A two-bedroom rents for about $2,540 a month here, $1,220 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Avenel’s typical property tax (2.24% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $2,540
Renters already here pay a median of $1,906, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
52% of Avenel households own their home
Half of Avenel’s homes were built before 1977.
New Jersey: 64% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Avenel vs. its neighbors
Avenel is the 2nd least expensive of 7 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Avenel | $529K | +0.9% | $2,540 | — | $101,670 |
| Woodbridge | $486K | +2.5% | $2,580 | 322 | $108,928 |
| Carteret | $565K | +6.1% | $2,690 | 72 | $96,862 |
| Colonia | $646K | +4.7% | $2,600 | — | $122,713 |
| Linden | $554K | +2% | $2,080 | 47 | $92,915 |
| Port Reading | $549K | +3.6% | $2,400 | — | $134,479 |
| Rahway | $541K | +1% | $2,360 | 113 | $91,461 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Avenel buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.