What is the median home value in Randolph Township, NJ?

The median value of owner-occupied homes in Randolph Township, NJ is $670,700 (±$21,045), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Randolph Township, the median home value went from $539,900 in 2015–2019 to $670,700 in 2020–2024 (+24.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$670,700 (±$21,045)
Owner-occupied homes
7,092 (±350)
Most common range
$500,000 to $999,999

Home values in Randolph Township

Owner-occupied homes by value, 2020–2024
ValueRandolph TownshipMorris CountyNew JerseyUnited States
Less than $50,0001.6% (±1.3 points)1.2%2.5%5.3%
$50,000 to $99,9990.3% (±0.3 points)1.0%1.8%6.1%
$100,000 to $149,9990.0% (±0.6 points)0.6%2.2%6.8%
$150,000 to $199,9990.2% (±0.3 points)0.8%4.3%9.0%
$200,000 to $299,9990.1% (±0.3 points)5.1%12.9%17.8%
$300,000 to $499,99917.5% (±3.1 points)30.3%34.2%26.9%
$500,000 to $999,99973.8% (±3.7 points)50.2%34.5%20.9%
$1,000,000 or more6.5% (±2.3 points)10.8%7.6%7.1%

The most common range is $500,000 to $999,999, 73.8% 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.

Randolph Township against Morris County, its state and the nation

Estimate (90% margin of error)
Randolph TownshipMorris CountyNew JerseyUnited States
Median home value$670,700 (±$21,045)$582,500 (±$5,640)$454,400 (±$1,150)$332,700
Owner-occupied homes7,092 (±350)143,562 (±1,613)2,239,128 (±10,678)84,210,142

In Randolph Township, the median home value is higher than in Morris County ($582,500).

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

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

In Morris County, Randolph Township ranks 16 of 39 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 125 of 561.

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

How home values in Randolph Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$539,900 (±$13,344)$670,700 (±$21,045)+24.2%No measurable change after inflation
Median owner cost with a mortgage$3,284 (±$101)$3,711 (±$157)+13.0%Down 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 Randolph Township

Nearest places with a published estimate, compared with Randolph Township
PlaceDistanceMedian home valueCompared with this place
Randolph Township—$670,700 (±$21,045)—
Mine Hill Township2.8 mi$434,100 (±$29,855)Lower
Mendham Township2.8 mi$1,070,400 (±$114,946)Higher
Victory Gardens Borough3.0 mi$250,600 (±$33,514)Lower
Dover Town3.2 mi$366,700 (±$16,201)Lower
Brookside3.3 mi$885,100 (±$35,186)Higher
Kenvil3.5 mi$365,600 (±$83,788)Lower
Wharton Borough3.8 mi$380,700 (±$31,603)Lower
Succasunna4.2 mi$529,100 (±$26,737)Lower

Nearby places with a measurably lower figure: Mine Hill Township, NJ ($434,100), Victory Gardens Borough, NJ ($250,600), Dover Town, NJ ($366,700).

Nearby places with a measurably higher figure: Mendham Township, NJ ($1,070,400), Brookside, NJ ($885,100).

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
10Morris Township$765,100 (±$29,841)
11Boonton Township$720,800 (±$64,381)
12Kinnelon Borough$706,400 (±$41,502)
13East Hanover Township$702,800 (±$27,974)
14Montville Township$700,200 (±$25,725)
15Long Hill Township$697,100 (±$34,277)
16Randolph Township$670,700 (±$21,045)
17Chester Borough$659,800 (±$24,323)
18Morris Plains Borough$643,300 (±$26,749)
19Hanover Township$629,600 (±$22,432)
20Washington Township (Morris County)$592,600 (±$17,760)
21Morristown Town$567,600 (±$35,322)
22Denville Township$564,600 (±$32,188)

Showing 13 of 39 places in Morris 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 Randolph Township

What is the average home value in Randolph Township, NJ?

The Census Bureau publishes the median: $670,700 (±$21,045) for owner-occupied homes in Randolph Township (2020–2024 American Community Survey).

Have home values in Randolph Township gone up?

In Randolph Township, the median home value went from $539,900 in 2015–2019 to $670,700 in 2020–2024 (+24.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Randolph Township 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 Randolph township, Morris County, New Jersey (county subdivision:61890, in state:34 county:027).

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 .

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