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These days, finding an affordable place to live in the Long Valley area can be challenging. Home prices in Long Valley are now at a median cost of $599,268, higher than the New Jersey average of $496,577.
The average cost of rent is $1,671/mo in Long Valley, primarily driven by the current value of real estate in the Long Valley area. In Long Valley, 7.91% of households rent, and 34.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Long Valley is $14,596 per month. Households that rent pay about 11.45% of their income on rent here. Long Valley’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Schooleys Mountain, NJ: higher priced homes
- Hackettstown, NJ: less expensive homes
- Califon, NJ: higher priced homes
- Flanders, NJ: less expensive homes
- Port Murray, NJ: less expensive homes
- Chester, NJ: higher priced homes
- Budd Lake, NJ: less expensive homes
- Pottersville, NJ: higher priced homes
- Allamuchy, NJ: less expensive homes
- Gladstone, NJ: higher priced homes
Cities with Similar Populations
- Woodmere, NY: higher priced homes
- Hahira, GA: less expensive homes
- Guttenberg, NJ: less expensive homes
- Gunbarrel, CO: higher priced homes
- Gulfport, FL: less expensive homes
- Woodland Park, CO: equally priced homes
- Grover Beach, CA: higher priced homes
- Groveport, OH: less expensive homes
- Woodmere, LA: less expensive homes
- Gridley, CA: less expensive homes
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