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Today: September 22, 2025

Current Price

$517,023

1 Month Forecast

$552,974

1-Year Forecast *

$582,839

5-Year Forecast *

$708,309

"Is it a good time to buy homes in Elizabeth?" "Does investing in real estate in Elizabeth (New Jersey State, Union County) worth it?" According to our live Forecast System, buying a house in Elizabeth is a good short-term (1-year) investment*. The Elizabeth average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Elizabeth" 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 Elizabeth in New Jersey State, Union County. If you are looking for homes for sale with good flipping profit, Elizabeth can be a profitable property investment option. The median price of an average house in Elizabeth was 517,023 USD on 2025-09-22. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elizabeth" area is 708,309 USD by 2030-09-22. For a 5-year investment the profit is expected to be around +37.00% meaning that investing 100000 USD today may yield a profit of 36,998 USD by 2030.

Current Median Listing Price: 517,023 USD Median Listing Price Per Square Foot: 287 USD

Elizabeth 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.

Elizabeth (New Jersey State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

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

Elizabeth Price Target

Elizabeth median home price target in 12 months: $582,839* (upside of 12.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $534,352 $550,336 $534,352 $550,336
2024 $492,122 $517,023 $492,122 $517,312
2023 $424,599 $488,321 $424,599 $488,321
2022 $397,340 $422,056 $397,340 $422,056
2021 $344,184 $394,482 $344,184 $394,482
2020 $306,558 $340,050 $306,558 $340,050
2019 $280,378 $302,524 $280,378 $302,524
2018 $251,006 $277,794 $251,006 $277,794
2017 $221,390 $248,895 $221,390 $248,895
2016 $205,826 $219,345 $205,645 $219,345
2015 $201,079 $205,457 $200,369 $205,457
2014 $183,228 $200,760 $183,228 $200,760
2013 $171,006 $182,581 $171,006 $182,581
2012 $167,179 $170,653 $167,055 $172,768

Questions & Answers about the Elizabeth Housing Market Forecast

How much does an average home cost in Elizabeth today?

The value of an average home (the listing price) in Elizabeth is $517,023 USD.

What is the average price per square foot in Elizabeth?

According to Walletinvestor the median price per square foot in Elizabeth is 287 USD.

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

Yes. The Elizabeth home prices may rise from 517,023 USD to 582,839 USD in one year.

Is it profitable to invest in Elizabeth homes?

Yes. The long-term profit potential is +12.73% in one year.

Will Elizabeth house prices fall / drop?

No. See above.

What is the predicted price of a Elizabeth home in 2030?

The predicted home sales price of a Elizabeth home in 2030 in Elizabeth is 708,309 USD.

What is the predicted price of a Elizabeth home in 2035?

The predicted home sales price of a Elizabeth home in 2035 in Elizabeth is 911,629 USD.

Will real estate prices decrease in Elizabeth?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Elizabeth is the 296. largest city in the United States, located in New Jersey State.

During the last 12 months the real estate prices in Union, Elizabeth increased, looking at the past 12 months.

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

Median home values increased by 1.117% to 517,023 USD, between 2024-09-22 and 2025-09-22

The average annual profit of property investment was:

  • 13.620% in 2020
  • 14.480% in 2021
  • 13.990% in 2022
  • 11.720% in 2023
  • 10.780% in 2024
  • 14.040% in 2025

Based on our Elizabeth real estate market research and report the predicted sales prices will increase by 231.429% in the next 10 years.

Over the last 12 months, the value of homes in Elizabeth fluctuated: increasing 9 times and decreasing 1 times.

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

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Elizabeth Housing Market Forecast with Real Estate Prices for 2025
August 2025 552974 513713 592235
September 2025 555625 513953 597296
October 2025 558288 527582 588994
November 2025 560964 509355 612573
December 2025 563653 513488 613818
Elizabeth Housing Market Forecast with Real Estate Prices for 2026
January 2026 566354 525577 607132
February 2026 569069 532080 606059
March 2026 571797 522050 621543
April 2026 574538 519382 629693
May 2026 577291 538036 616547
June 2026 580059 549896 610222
July 2026 582839 529801 635877
August 2026 585633 548738 622527
September 2026 588440 547249 629631
October 2026 591260 536864 645656
November 2026 594094 556666 631522
December 2026 596942 558141 635743
Elizabeth Housing Market Forecast with Real Estate Prices for 2027
January 2027 599803 555418 644189
February 2027 602678 553259 652098
March 2027 605567 552277 658857
April 2027 608470 564051 652888
May 2027 610030 557567 662492
June 2027 609286 568464 650108
July 2027 608513 556181 660845
August 2027 609192 561675 656709
September 2027 611223 580051 642395
October 2027 614153 563792 664513
November 2027 617097 578837 655357
December 2027 620054 587812 652297
Elizabeth Housing Market Forecast with Real Estate Prices for 2028
January 2028 623027 590629 655424
February 2028 626013 581566 670460
March 2028 629013 576805 681222
April 2028 632029 584626 679431
May 2028 635058 572187 697929
June 2028 638102 601092 675112
July 2028 641161 578968 703353
August 2028 644234 583032 705436
September 2028 647322 600067 694576
October 2028 650425 586033 714817
November 2028 653542 611716 695369
December 2028 656309 597241 715376
Elizabeth Housing Market Forecast with Real Estate Prices for 2029
January 2029 659085 603063 715108
February 2029 662245 617874 706615
March 2029 665419 604200 726637
April 2029 668580 634483 702678
May 2029 670610 617632 723588
June 2029 673824 607789 739859
July 2029 677054 614088 740020
August 2029 680299 636080 724519
September 2029 683560 646648 720472
October 2029 683177 615543 750812
November 2029 686452 639773 733131
December 2029 688825 652317 725333
Elizabeth Housing Market Forecast with Real Estate Prices for 2030
January 2030 692127 638141 746113
February 2030 695444 638418 752471
March 2030 698545 642661 754428
April 2030 700248 637926 762570
May 2030 701568 655264 747871
June 2030 704930 654175 755685
July 2030 708309 660144 756474
August 2030 711704 641246 782163
September 2030 715116 662912 767319
October 2030 718544 652438 784650
November 2030 721988 683000 760975
December 2030 725448 685549 765348
Elizabeth Housing Market Forecast with Real Estate Prices for 2031
January 2031 728926 665509 792342
February 2031 732420 684812 780027
March 2031 735930 687359 784502
April 2031 739458 689175 789741
May 2031 743002 705852 780152
June 2031 746564 703263 789864
July 2031 750142 709634 790650
August 2031 753738 689670 817805
September 2031 757351 702821 811880
October 2031 760981 696297 825664
November 2031 764628 689695 839562
December 2031 768293 719891 816696
Elizabeth Housing Market Forecast with Real Estate Prices for 2032
January 2032 771976 726429 817523
February 2032 775676 709744 841609
March 2032 777665 705342 849988
April 2032 776716 733220 820213
May 2032 775732 726861 824603
June 2032 776597 733884 819310
July 2032 779186 730877 827496
August 2032 782921 728116 837725
September 2032 786674 745767 827581
October 2032 790444 737485 843404
November 2032 794233 754522 833945
December 2032 798040 755744 840336
Elizabeth Housing Market Forecast with Real Estate Prices for 2033
January 2033 801865 760970 842761
February 2033 805709 729167 882251
March 2033 809571 768283 850859
April 2033 813451 750002 876901
May 2033 817351 742972 891729
June 2033 821268 778562 863974
July 2033 825205 780644 869766

> 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.