N.J. home prices ranks 9th highest in U.S. See latest list.

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N.J. home prices ranks 9th highest in U.S. See latest list.
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The typical home value in New Jersey was $468,096 in May, up nearly 4.5% from a year earlier.

Amira Sweilem | NJ Advance Media for NJ.com

New Jersey’s typical home values ranked ninth in the United States in May after a nearly 4.5% increase from the previous year, Zillow data showed. The typical home value in New Jersey increased to $468,096 and is experts say that number is likely to continue climbing through the summer despite high mortgage rates.have bucked trends seen elsewhere in the country, where prices are easing.

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