What is the median home value in Mount Hope, NJ?

The median value of owner-occupied homes in Mount Hope, NJ is $398,000 (±$32,918), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

Figures last updated on .

Median home value
$398,000 (±$32,918)
Owner-occupied homes
1,360 (±226)
Most common range
$300,000 to $499,999

Home values in Mount Hope

Owner-occupied homes by value, 2020–2024
ValueMount HopeMorris CountyNew JerseyUnited States
Less than $50,0001.1% (±1.7 points)1.2%2.5%5.3%
$50,000 to $99,9992.9% (±4.2 points)1.0%1.8%6.1%
$100,000 to $149,9990.0% (±3.3 points)0.6%2.2%6.8%
$150,000 to $199,9992.9% (±2.7 points)0.8%4.3%9.0%
$200,000 to $299,99921.7% (±8.8 points)5.1%12.9%17.8%
$300,000 to $499,99949.5% (±8.4 points)30.3%34.2%26.9%
$500,000 to $999,99920.7% (±5.7 points)50.2%34.5%20.9%
$1,000,000 or more1.2% (±1.6 points)10.8%7.6%7.1%

The most common range is $300,000 to $499,999, 49.5% 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.

Mount Hope against Morris County, its state and the nation

Estimate (90% margin of error)
Mount HopeMorris CountyNew JerseyUnited States
Median home value$398,000 (±$32,918)$582,500 (±$5,640)$454,400 (±$1,150)$332,700
Owner-occupied homes1,360 (±226)143,562 (±1,613)2,239,128 (±10,678)84,210,142

In Mount Hope, the median home value is lower than in Morris County ($582,500).

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

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

In Morris County, Mount Hope ranks 26 of 27 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 141 of 248.

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

Median home value in places near Mount Hope

Nearest places with a published estimate, compared with Mount Hope
PlaceDistanceMedian home valueCompared with this place
Mount Hope—$398,000 (±$32,918)—
Wharton Borough1.9 mi$380,700 (±$31,603)Not measurably different
White Meadow Lake2.1 mi$470,800 (±$15,026)Higher
Dover Town2.3 mi$366,700 (±$16,201)Not measurably different
Rockaway Borough2.4 mi$448,100 (±$27,438)Higher
Victory Gardens Borough3.0 mi$250,600 (±$33,514)Lower
Mine Hill Township3.8 mi$434,100 (±$29,855)Not measurably different
Denville Township3.9 mi$564,600 (±$32,188)Higher
Lake Telemark4.0 mi$464,100 (±$48,050)Higher

Nearby places with a measurably lower figure: Victory Gardens Borough, NJ ($250,600).

Nearby places with a measurably higher figure: White Meadow Lake, NJ ($470,800), Rockaway Borough, NJ ($448,100), Denville Township, NJ ($564,600).

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

Median home value across Morris County, place by place

RankPlaceMedian home value
20Budd Lake$456,100 (±$15,191)
21Mount Tabor$454,800 (±$36,738)
22Oak Ridge$436,100 (±$30,457)
23Lake Hiawatha$428,600 (±$23,465)
24Lake Hopatcong$424,200 (±$18,241)
25Landing$417,400 (±$28,219)
26Mount Hope$398,000 (±$32,918)
27Kenvil$365,600 (±$83,788)

Showing 8 of 27 places in Morris County, ranked from highest to lowest.

Mount Hope is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Rockaway Township, whose figures include it.

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

Margins of error are at the 90% confidence level.

What you can do on Seayora in Mount Hope

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Mount Hope beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Mount Hope, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Mount Hope, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Mount Hope

What is the average home value in Mount Hope, NJ?

The Census Bureau publishes the median: $398,000 (±$32,918) for owner-occupied homes in Mount Hope (2020–2024 American Community Survey).

Is this what homes in Mount Hope 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 Mount Hope CDP, New Jersey (place:48930, in state:34).

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.

Figures last updated on .

Related