What is the median home value in Demarest Borough, NJ?

Name: Home values in Demarest Borough, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Demarest Borough, NJ is $1,114,600 (±$184,403), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Demarest Borough, the median home value went from $681,500 in 2015–2019 to $1,114,600 in 2020–2024 (+63.6%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on November 12, 2026.

Median home value: $1,114,600 (±$184,403)
Owner-occupied homes: 1,577 (±127)
Most common range: $1,000,000 or more

Home values in Demarest Borough

Owner-occupied homes by value, 2020–2024
Value	Demarest Borough	Bergen County	New Jersey	United States
Less than $50,000	0.0% (±2.8 points)	1.9%	2.5%	5.3%
$50,000 to $99,999	0.0% (±2.8 points)	1.2%	1.8%	6.1%
$100,000 to $149,999	0.0% (±2.8 points)	0.8%	2.2%	6.8%
$150,000 to $199,999	0.0% (±2.8 points)	1.2%	4.3%	9.0%
$200,000 to $299,999	0.4% (±0.7 points)	3.7%	12.9%	17.8%
$300,000 to $499,999	3.9% (±2.4 points)	24.0%	34.2%	26.9%
$500,000 to $999,999	40.8% (±8.5 points)	53.3%	34.5%	20.9%
$1,000,000 or more	54.9% (±8.6 points)	14.0%	7.6%	7.1%

The most common range is $1,000,000 or more, 54.9% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Demarest Borough against Bergen County, its state and the nation

Estimate (90% margin of error)
	Demarest Borough	Bergen County	New Jersey	United States
Median home value	$1,114,600 (±$184,403)	$623,000 (±$4,306)	$454,400 (±$1,150)	$332,700
Owner-occupied homes	1,577 (±127)	232,025 (±2,535)	2,239,128 (±10,678)	84,210,142

In Demarest Borough, the median home value is higher than in Bergen County ($623,000).

It is also higher than in New Jersey ($454,400).

It is higher than the national figure ($332,700).

In Bergen County, Demarest Borough ranks 6 of 69 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 22 of 561.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Demarest Borough have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median home value	$681,500 (±$32,309)	$1,114,600 (±$184,403)	+63.6%	Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Demarest Borough

Nearest places with a published estimate, compared with Demarest Borough
Place	Distance	Median home value	Compared with this place
Demarest Borough	—	$1,114,600 (±$184,403)	—
Cresskill Borough	1.0 mi	$811,400 (±$40,540)	Lower
Closter Borough	1.3 mi	$871,300 (±$40,449)	Lower
Dumont Borough	2.1 mi	$497,400 (±$27,321)	Lower
Alpine Borough	2.2 mi	$2,000,000 or more	—
Haworth Borough	2.3 mi	$845,300 (±$62,077)	Lower
Tenafly Borough	2.5 mi	$1,002,600 (±$59,250)	Not measurably different
Norwood Borough	2.6 mi	$709,100 (±$61,673)	Lower
Harrington Park Borough	2.9 mi	$776,900 (±$56,256)	Lower

Nearby places with a measurably lower figure: Cresskill Borough, NJ ($811,400), Closter Borough, NJ ($871,300), Dumont Borough, NJ ($497,400).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Bergen County, place by place

Rank	Place	Median home value
1 (tie)	Alpine Borough	$2,000,000 or more
1 (tie)	Rockleigh Borough	$2,000,000 or more
1 (tie)	Saddle River Borough	$2,000,000 or more
4	Englewood Cliffs Borough	$1,401,600 (±$200,567)
5	Franklin Lakes Borough	$1,264,000 (±$87,916)
6	Demarest Borough	$1,114,600 (±$184,403)
7	Upper Saddle River Borough	$1,108,700 (±$38,069)
8	Ho-Ho-Kus Borough	$1,092,500 (±$117,426)
9	Tenafly Borough	$1,002,600 (±$59,250)
10	Old Tappan Borough	$951,300 (±$72,439)
11	Woodcliff Lake Borough	$946,400 (±$58,832)
12	Wyckoff Township	$925,700 (±$36,353)

Showing 12 of 69 places in Bergen County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Demarest Borough

What is the average home value in Demarest Borough, NJ?

The Census Bureau publishes the median: $1,114,600 (±$184,403) for owner-occupied homes in Demarest Borough (2020–2024 American Community Survey).

Have home values in Demarest Borough gone up?

In Demarest Borough, the median home value went from $681,500 in 2015–2019 to $1,114,600 in 2020–2024 (+63.6%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Demarest Borough sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Demarest borough, Bergen County, New Jersey (county subdivision:17530, in state:34 county:003).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.