Current Price

$517,023

1 Month Forecast

â–² $552,976

1-Year Forecast *

â–² $582,866

5-Year Forecast *

â–² $708,360

"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 2026-02-15. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elizabeth" area is 708,360 USD by 2031-02-15. For a 5-year investment the profit is expected to be around +37.01% meaning that investing 100000 USD today may yield a profit of 37,008 USD by 2031.

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: 2026-2032

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: $582,866* (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 $167,055 $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 582,866 USD in one year.

Is it profitable to invest in Elizabeth homes?

Yes. The long-term profit potential is +12.74% 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 672,576 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 860,874 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 decreased, 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 decreased by 3.576% to 517,023 USD, between 2025-02-15 and 2026-02-15

The average annual profit of property investment was:

  • 12.235% in 2021
  • 13.715% in 2022
  • 13.725% in 2023
  • 11.985% in 2024
  • 12.785% in 2025
  • 11.005% in 2026

Based on our Elizabeth real estate market research and report the predicted sales prices will increase by 231.586% in the next 10 years.

Over the last 12 months, the value of homes in Elizabeth fluctuated: increasing 5 times .

Elizabeth (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
Elizabeth Housing Market Forecast with Real Estate Prices for 2025
August 2025 552976 520904 585049
September 2025 555629 516179 595079
October 2025 558294 525355 591234
November 2025 560973 511607 610338
December 2025 563664 512934 614394
Elizabeth Housing Market Forecast with Real Estate Prices for 2026
January 2026 566368 535784 596952
February 2026 569085 533802 604368
March 2026 571815 530644 612985
April 2026 574558 538935 610181
May 2026 577314 542098 612530
June 2026 580084 522075 638092
July 2026 582866 546146 619587
August 2026 585663 554037 617288
September 2026 588472 534921 642023
October 2026 591295 544583 638008
November 2026 594132 538283 649980
December 2026 595655 559916 631394
Elizabeth Housing Market Forecast with Real Estate Prices for 2027
January 2027 594929 547929 641928
February 2027 594112 559653 628570
March 2027 594774 540650 648899
April 2027 596757 546630 646885
May 2027 599620 553449 645791
June 2027 602497 545259 659734
July 2027 605387 566642 644132
August 2027 608291 577268 639314
September 2027 611209 569647 652771
October 2027 614141 574836 653446
November 2027 617087 560933 673242
December 2027 620048 571684 668412
Elizabeth Housing Market Forecast with Real Estate Prices for 2028
January 2028 623022 563835 682209
February 2028 626011 569670 682352
March 2028 629014 590015 668013
April 2028 632032 585893 678170
May 2028 635064 578543 691584
June 2028 638110 574299 701921
July 2028 640811 587624 693999
August 2028 643523 593971 693074
September 2028 646610 588415 704805
October 2028 649712 586040 713383
November 2028 652798 598616 706981
December 2028 654780 605671 703888
Elizabeth Housing Market Forecast with Real Estate Prices for 2029
January 2029 657918 601337 714499
February 2029 661075 602900 719249
March 2029 664246 610442 718050
April 2029 667432 613370 721494
May 2029 667059 616362 717755
June 2029 670259 628703 711815
July 2029 672576 628858 716293
August 2029 675802 620386 731218
September 2029 679044 611140 746949
October 2029 682072 630916 733227
November 2029 683735 646813 720657
December 2029 685023 619946 750100
Elizabeth Housing Market Forecast with Real Estate Prices for 2030
January 2030 688309 622232 754387
February 2030 691611 626600 756623
March 2030 694929 656708 733150
April 2030 698263 645893 750633
May 2030 701613 641976 761250
June 2030 704978 666910 743047
July 2030 708360 660900 755820
August 2030 711759 660512 763005
September 2030 715173 650092 780254
October 2030 718604 678362 758846
November 2030 722051 659233 784870
December 2030 725515 678356 772673
Elizabeth Housing Market Forecast with Real Estate Prices for 2031
January 2031 728995 669218 788773
February 2031 732493 693670 771315
March 2031 736006 683014 788999
April 2031 739537 682593 796482
May 2031 741433 700654 782212
June 2031 740529 697578 783480
July 2031 739512 689965 789060
August 2031 740337 668525 812150
September 2031 742805 675953 809658
October 2031 746369 698601 794136
November 2031 749949 693703 806195
December 2031 753547 697784 809309
Elizabeth Housing Market Forecast with Real Estate Prices for 2032
January 2032 757162 693560 820763
February 2032 760794 688519 833070
March 2032 764444 707111 821777
April 2032 768111 694372 841850
May 2032 771796 700791 842801
June 2032 775498 729744 821253
July 2032 779219 712206 846231

> 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.