Current Price

$704,037

1 Month Forecast

â–² $756,944

1-Year Forecast *

â–² $776,168

5-Year Forecast *

â–² $890,365

"Is it a good time to buy homes in Cedar Grove?" "Does investing in real estate in Cedar Grove (New Jersey State, Essex County) worth it?" According to our live Forecast System, buying a house in Cedar Grove is a good short-term (1-year) investment*. The Cedar Grove average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Cedar Grove" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Cedar Grove in New Jersey State, Essex County. If you are looking for homes for sale with good flipping profit, Cedar Grove can be a profitable property investment option. The median price of an average house in Cedar Grove was 704,037 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Cedar Grove" area is 890,365 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +26.47% meaning that investing 100000 USD today may yield a profit of 26,466 USD by 2031.

Current Median Listing Price: 704,037 USD Median Listing Price Per Square Foot: 391 USD

Cedar Grove Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Cedar Grove (New Jersey State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Cedar Grove Price Target

Cedar Grove median home price target in 12 months: $776,168* (upside of 10.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $749,342 $752,349 $748,385 $752,349
2024 $644,913 $704,037 $644,913 $704,037
2023 $614,226 $640,406 $613,576 $640,406
2022 $580,060 $613,314 $580,060 $624,498
2021 $551,417 $576,682 $551,417 $585,013
2020 $505,770 $542,273 $505,770 $542,273
2019 $506,317 $504,282 $504,207 $513,907
2018 $493,160 $505,254 $493,160 $505,254
2017 $473,574 $490,310 $473,574 $490,310
2016 $474,885 $471,483 $469,339 $474,885
2015 $469,820 $474,785 $469,820 $474,785
2014 $438,290 $468,222 $438,290 $468,222
2013 $420,450 $435,154 $415,385 $435,154
2012 $422,042 $419,046 $412,643 $422,042

Questions & Answers about the Cedar Grove Housing Market Forecast

How much does an average home cost in Cedar Grove today?

The value of an average home (the listing price) in Cedar Grove is $704,037 USD.

What is the average price per square foot in Cedar Grove?

According to Walletinvestor the median price per square foot in Cedar Grove is 391 USD.

Will the median listing price of homes in Cedar Grove grow / rise / go up?

Yes. The Cedar Grove home prices may rise from 704,037 USD to 776,168 USD in one year.

Is it profitable to invest in Cedar Grove homes?

Yes. The long-term profit potential is +10.25% in one year.

Will Cedar Grove house prices fall / drop?

No. See above.

What is the predicted price of a Cedar Grove home in 2030?

The predicted home sales price of a Cedar Grove home in 2030 in Cedar Grove is 876,344 USD.

What is the predicted price of a Cedar Grove home in 2035?

The predicted home sales price of a Cedar Grove home in 2035 in Cedar Grove is 1,053,996 USD.

Will real estate prices decrease in Cedar Grove?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Cedar Grove is the 4551. largest city in the United States, located in New Jersey State.

During the last 12 months the real estate prices in Essex, Cedar Grove decreased, looking at the past 12 months.

According to Walletinvestor's Cedar Grove real estate market research, home values will increase in the next 12 months.

Median home values decreased by 5.985% to 704,037 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 10.485% in 2021
  • 11.015% in 2022
  • 8.675% in 2023
  • 8.785% in 2024
  • 10.275% in 2025
  • 8.695% in 2026

Based on our Cedar Grove real estate market research and report the predicted sales prices will increase by 165.218% in the next 10 years.

Over the last 12 months, the value of homes in Cedar Grove fluctuated: increasing 3 times and decreasing 1 times.

Cedar Grove (New Jersey) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Cedar Grove Housing Market Forecast with Real Estate Prices for 2025
August 2025 756944 710770 803117
September 2025 761567 700641 822492
October 2025 766218 706453 825983
November 2025 769646 702687 836605
December 2025 767810 709457 826164
Cedar Grove Housing Market Forecast with Real Estate Prices for 2026
January 2026 764836 689882 839790
February 2026 761873 699400 824347
March 2026 760841 722038 799644
April 2026 762308 723431 801186
May 2026 766774 722301 811247
June 2026 771457 713597 829316
July 2026 776168 703208 849128
August 2026 780908 713750 848067
September 2026 785678 745608 825747
October 2026 790476 735143 845809
November 2026 795304 730089 860519
December 2026 798049 741387 854710
Cedar Grove Housing Market Forecast with Real Estate Prices for 2027
January 2027 795149 740284 850014
February 2027 792069 727911 856226
March 2027 789001 742449 835552
April 2027 787299 718017 856582
May 2027 788470 734065 842874
June 2027 787636 738015 837257
July 2027 787865 733502 842227
August 2027 789814 745584 834044
September 2027 794638 724710 864566
October 2027 799491 731534 867447
November 2027 803710 726554 880866
December 2027 805333 763456 847211
Cedar Grove Housing Market Forecast with Real Estate Prices for 2028
January 2028 806883 764118 849648
February 2028 809010 767751 850270
March 2028 812299 735131 889468
April 2028 816847 762119 871576
May 2028 821836 748693 894980
June 2028 826855 750785 902926
July 2028 831905 773672 890139
August 2028 836986 787604 886368
September 2028 842098 767993 916202
October 2028 847241 779461 915020
November 2028 850489 779899 921080
December 2028 855564 805085 906042
Cedar Grove Housing Market Forecast with Real Estate Prices for 2029
January 2029 860789 787622 933956
February 2029 866046 816681 915411
March 2029 869913 805540 934287
April 2029 871585 800987 942184
May 2029 876908 819032 934784
June 2029 876947 827838 926056
July 2029 876344 788709 963978
August 2029 875788 804849 946727
September 2029 875952 800620 951284
October 2029 877721 813647 941795
November 2029 880427 813514 947339
December 2029 885804 805196 966412
Cedar Grove Housing Market Forecast with Real Estate Prices for 2030
January 2030 891214 824373 958055
February 2030 896657 823131 970183
March 2030 900668 855635 945702
April 2030 898520 811364 985677
May 2030 895040 809116 980964
June 2030 891573 834512 948633
July 2030 890365 819136 961594
August 2030 892082 808226 975938
September 2030 897307 811166 983449
October 2030 902787 834176 971399
November 2030 908301 855620 960982
December 2030 913848 845310 982387
Cedar Grove Housing Market Forecast with Real Estate Prices for 2031
January 2031 919430 832084 1006775
February 2031 925045 838091 1011999
March 2031 930694 872061 989328
April 2031 933907 876938 990875
May 2031 930513 850489 1010537
June 2031 926908 865732 988084
July 2031 923318 845759 1000877
August 2031 921327 857756 984899
September 2031 922697 871949 973445
October 2031 921721 859044 984398
November 2031 921989 832556 1011422
December 2031 924270 841086 1007454
Cedar Grove Housing Market Forecast with Real Estate Prices for 2032
January 2032 929915 866680 993149
February 2032 935594 867296 1003892
March 2032 940532 885981 995083
April 2032 942431 851958 1032905
May 2032 944245 896088 992401
June 2032 946734 878569 1014899
July 2032 950583 886894 1014272

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.