Current Price

$879,694

1 Month Forecast

â–² $971,386

1-Year Forecast *

â–² $1,019,433

5-Year Forecast *

â–² $1,248,877

"Is it a good time to buy homes in New Providence?" "Does investing in real estate in New Providence (New Jersey State, Union County) worth it?" According to our live Forecast System, buying a house in New Providence is a good short-term (1-year) investment*. The New Providence average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "New Providence" 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 New Providence in New Jersey State, Union County. If you are looking for homes for sale with good flipping profit, New Providence can be a profitable property investment option. The median price of an average house in New Providence was 879,694 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "New Providence" area is 1,248,877 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +41.97% meaning that investing 100000 USD today may yield a profit of 41,967 USD by 2031.

Current Median Listing Price: 879,694 USD Median Listing Price Per Square Foot: 489 USD

New Providence 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.

New Providence (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.

New Providence Price Target

New Providence median home price target in 12 months: $1,019,433* (upside of 15.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $953,051 $964,211 $953,051 $970,526
2024 $814,675 $879,694 $814,675 $879,694
2023 $745,470 $811,447 $745,372 $811,447
2022 $692,804 $742,619 $692,804 $746,363
2021 $645,205 $686,551 $645,205 $686,551
2020 $601,142 $639,523 $601,142 $639,523
2019 $614,043 $600,808 $600,808 $625,397
2018 $630,953 $614,815 $614,815 $636,479
2017 $596,904 $628,830 $596,904 $628,830
2016 $590,711 $594,459 $590,711 $598,424
2015 $574,323 $587,605 $574,323 $587,605
2014 $544,094 $571,938 $544,094 $571,938
2013 $511,946 $537,825 $511,946 $537,825
2012 $488,119 $509,028 $488,119 $509,028

Questions & Answers about the New Providence Housing Market Forecast

How much does an average home cost in New Providence today?

The value of an average home (the listing price) in New Providence is $879,694 USD.

What is the average price per square foot in New Providence?

According to Walletinvestor the median price per square foot in New Providence is 489 USD.

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

Yes. The New Providence home prices may rise from 879,694 USD to 1,019,433 USD in one year.

Is it profitable to invest in New Providence homes?

Yes. The long-term profit potential is +15.88% in one year.

Will New Providence house prices fall / drop?

No. See above.

What is the predicted price of a New Providence home in 2030?

The predicted home sales price of a New Providence home in 2030 in New Providence is 1,214,613 USD.

What is the predicted price of a New Providence home in 2035?

The predicted home sales price of a New Providence home in 2035 in New Providence is 1,575,995 USD.

Will real estate prices decrease in New Providence?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

New Providence is the 4375. largest city in the United States, located in New Jersey State.

During the last 12 months the real estate prices in Union, New Providence decreased, looking at the past 12 months.

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

Median home values decreased by 8.602% to 879,694 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 15.515% in 2021
  • 16.975% in 2022
  • 15.975% in 2023
  • 15.925% in 2024
  • 15.275% in 2025
  • 14.155% in 2026

Based on our New Providence real estate market research and report the predicted sales prices will increase by 336.789% in the next 10 years.

Over the last 12 months, the value of homes in New Providence fluctuated: increasing 2 times and decreasing 2 times.

New Providence (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
New Providence Housing Market Forecast with Real Estate Prices for 2025
August 2025 971386 913103 1029669
September 2025 978615 882711 1074519
October 2025 985898 917871 1053925
November 2025 989632 895617 1083647
December 2025 987409 899530 1075288
New Providence Housing Market Forecast with Real Estate Prices for 2026
January 2026 984017 903327 1064706
February 2026 983197 932071 1034324
March 2026 989644 916410 1062878
April 2026 997009 903290 1090727
May 2026 1004428 945167 1063689
June 2026 1011903 926903 1096903
July 2026 1019433 961326 1077541
August 2026 1027020 930480 1123560
September 2026 1034663 961202 1108124
October 2026 1042362 989202 1095523
November 2026 1050119 970310 1129928
December 2026 1051442 953658 1149226
New Providence Housing Market Forecast with Real Estate Prices for 2027
January 2027 1047136 968601 1125671
February 2027 1044464 984929 1103998
March 2027 1043077 977363 1108791
April 2027 1046167 955150 1137184
May 2027 1050184 953567 1146801
June 2027 1050046 976542 1123549
July 2027 1051228 980795 1121660
August 2027 1057017 972455 1141578
September 2027 1064883 958395 1171371
October 2027 1072807 966599 1179015
November 2027 1080791 1004055 1157527
December 2027 1088834 999550 1178118
New Providence Housing Market Forecast with Real Estate Prices for 2028
January 2028 1096937 1014667 1179207
February 2028 1105100 1031058 1179142
March 2028 1112099 1042037 1182162
April 2028 1116082 1050233 1181931
May 2028 1120523 1009591 1231455
June 2028 1128293 1069622 1186965
July 2028 1136690 1073035 1200345
August 2028 1145149 1066134 1224164
September 2028 1153671 1089065 1218276
October 2028 1160532 1099024 1222041
November 2028 1167176 1077304 1257049
December 2028 1175542 1079147 1271936
New Providence Housing Market Forecast with Real Estate Prices for 2029
January 2029 1183951 1105810 1262092
February 2029 1189905 1075674 1304136
March 2029 1193057 1076137 1309977
April 2029 1193814 1129348 1258280
May 2029 1202698 1142563 1262833
June 2029 1207248 1142057 1272440
July 2029 1214613 1129590 1299635
August 2029 1222396 1133161 1311630
September 2029 1224751 1141468 1308034
October 2029 1221813 1149726 1293899
November 2029 1216781 1151075 1282487
December 2029 1225836 1119188 1332484
New Providence Housing Market Forecast with Real Estate Prices for 2030
January 2030 1234959 1159626 1310291
February 2030 1244149 1127199 1361099
March 2030 1248861 1136464 1361259
April 2030 1246056 1145125 1346987
May 2030 1241775 1122565 1360985
June 2030 1240741 1173741 1307741
July 2030 1248877 1165202 1332551
August 2030 1258170 1165066 1351275
September 2030 1267533 1171201 1363866
October 2030 1276966 1174809 1379123
November 2030 1286469 1206708 1366230
December 2030 1296043 1200136 1391950
New Providence Housing Market Forecast with Real Estate Prices for 2031
January 2031 1305688 1223429 1387946
February 2031 1315404 1224641 1406167
March 2031 1325193 1237730 1412656
April 2031 1326862 1237962 1415762
May 2031 1321428 1252714 1390142
June 2031 1318056 1190205 1445908
July 2031 1316306 1236011 1396600
August 2031 1320205 1233072 1407339
September 2031 1325274 1227204 1423345
October 2031 1325100 1237644 1412557
November 2031 1326592 1196586 1456598
December 2031 1333897 1220516 1447278
New Providence Housing Market Forecast with Real Estate Prices for 2032
January 2032 1343824 1239006 1448642
February 2032 1353824 1280718 1426931
March 2032 1363899 1232965 1494833
April 2032 1374049 1291606 1456492
May 2032 1384274 1259690 1508859
June 2032 1394576 1295561 1493591
July 2032 1403409 1265874 1540943

> Page 2: detailed data / price table <

Best New Providence property forecast, New Providence house price prediction, New Providence housing forecast, New Providence property investment tips, New Providence prediction, New Providence real estate analyst report, New Providence property price forecast, New Providence housing index forecast tomorrow, New Providence real estate technical analysis, New Providence property future price, New Providence housing projections, New Providence property market prognosis, New Providence expected house price.
How will New Providence house price increase? Will New Providence real estate prices go up? Will New Providence real estate prices fall? Will New Providence house prices drop? Will New Providence house prices rise? Is New Providence housing price going up? Is it time to buy a New Providence home? When will New Providence house prices go down? When will New Providence real estate prices drop?
* 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.