Zip Code: 07041 (Millburn, New Jersey) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the 07041 Zip Code (Millburn, New Jersey) in February 2026 was $1,228,206.964. The month over month percentage change (MoM) was 0.87%, and the year over year percentage change (YoY) was 7.94%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 07041 zip code (Millburn, New Jersey). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 07041 zip code (Millburn, New Jersey).

You can see similar information for other New Jersey zip codes, and for New Jersey.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Data Source: Zillow.
Zip Code: 07041 (Millburn, New Jersey) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 07041 (Millburn, New Jersey) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 654011.228068304 0.42 7.97
Feb 2015 656139.1745927021 0.33 7.55
Mar 2015 659558.9323578873 0.52 6.98
Apr 2015 661674.8240836778 0.32 5.95
May 2015 663641.3456301979 0.30 4.93
Jun 2015 662755.1884480842 -0.13 3.88
Jul 2015 662613.9537348069 -0.02 3.50
Aug 2015 664274.135095911 0.25 3.62
Sep 2015 668717.1645370246 0.67 4.24
Oct 2015 674551.6031823565 0.87 4.71
Nov 2015 678493.9729138077 0.58 4.79
Dec 2015 682286.7656272667 0.56 4.77
Jan 2016 684687.8390344208 0.35 4.69
Feb 2016 686804.4094925047 0.31 4.67
Mar 2016 687140.066292094 0.05 4.18
Apr 2016 690003.7251703358 0.42 4.28
May 2016 693769.9690069052 0.55 4.54
Jun 2016 696694.837914898 0.42 5.12
Jul 2016 695736.2827122752 -0.14 5.00
Aug 2016 693314.124469007 -0.35 4.37
Sep 2016 691796.5957714025 -0.22 3.45
Oct 2016 693218.2820365134 0.21 2.77
Nov 2016 696680.5618675709 0.50 2.68
Dec 2016 701475.9190874764 0.69 2.81
Jan 2017 704565.7729443343 0.44 2.90
Feb 2017 706713.0936187283 0.31 2.90
Mar 2017 708853.3226338768 0.30 3.16
Apr 2017 713091.739773352 0.60 3.35
May 2017 716138.3050836166 0.43 3.22
Jun 2017 720975.8899324936 0.68 3.49
Jul 2017 725556.4431840376 0.64 4.29
Aug 2017 730780.3516308541 0.72 5.40
Sep 2017 733164.9542304879 0.33 5.98
Oct 2017 734634.9911821341 0.20 5.98
Nov 2017 738021.5808350103 0.46 5.93
Dec 2017 742671.1946307396 0.63 5.87
Jan 2018 748449.7723525618 0.78 6.23
Feb 2018 752598.1065893006 0.55 6.49
Mar 2018 754818.4410691521 0.30 6.48
Apr 2018 757004.4808833889 0.29 6.16
May 2018 759605.7690849383 0.34 6.07
Jun 2018 761406.225337895 0.24 5.61
Jul 2018 759844.763719899 -0.20 4.73
Aug 2018 756803.651773468 -0.40 3.56
Sep 2018 754207.380135655 -0.34 2.87
Oct 2018 750984.2899246333 -0.43 2.23
Nov 2018 749754.075897425 -0.16 1.59
Dec 2018 750239.9022100802 0.07 1.02
Jan 2019 752820.4486042451 0.34 0.58
Feb 2019 753376.8114837549 0.07 0.10
Mar 2019 752349.0517498654 -0.14 -0.33
Apr 2019 752246.0514962034 -0.01 -0.63
May 2019 752371.9149386379 0.02 -0.95
Jun 2019 751674.9102984254 -0.09 -1.28
Jul 2019 747957.7708775433 -0.49 -1.56
Aug 2019 741321.4332168726 -0.89 -2.05
Sep 2019 735418.1675869018 -0.80 -2.49
Oct 2019 732171.664953636 -0.44 -2.50
Nov 2019 732074.8236510075 -0.01 -2.36
Dec 2019 732554.9948974991 0.07 -2.36
Jan 2020 733484.6165185993 0.13 -2.57
Feb 2020 735603.1841085599 0.29 -2.36
Mar 2020 740395.9823071784 0.65 -1.59
Apr 2020 744766.194178585 0.59 -0.99
May 2020 746694.6665331734 0.26 -0.75
Jun 2020 744966.1971685217 -0.23 -0.89
Jul 2020 740821.7189679045 -0.56 -0.95
Aug 2020 738681.6946806846 -0.29 -0.36
Sep 2020 739816.4065920432 0.15 0.60
Oct 2020 745754.8449755049 0.80 1.86
Nov 2020 755800.3741275222 1.35 3.24
Dec 2020 768120.3511905447 1.63 4.86
Jan 2021 779609.8272699969 1.50 6.29
Feb 2021 791018.4319806428 1.46 7.53
Mar 2021 801469.3675762289 1.32 8.25
Apr 2021 813438.5469149746 1.49 9.22
May 2021 823321.7019015398 1.22 10.26
Jun 2021 833214.3442837824 1.20 11.85
Jul 2021 840159.6799553236 0.83 13.41
Aug 2021 843735.0389327342 0.43 14.22
Sep 2021 844706.649081884 0.12 14.18
Oct 2021 845904.9173846726 0.14 13.43
Nov 2021 851807.2878344576 0.70 12.70
Dec 2021 858210.5175660598 0.75 11.73
Jan 2022 866071.1824483005 0.92 11.09
Feb 2022 873782.2096697033 0.89 10.46
Mar 2022 883959.745258511 1.17 10.29
Apr 2022 896418.6599746683 1.41 10.20
May 2022 913187.2660078806 1.87 10.92
Jun 2022 929751.0747417392 1.81 11.59
Jul 2022 942512.0166095867 1.37 12.18
Aug 2022 944740.9424847845 0.24 11.97
Sep 2022 939342.2324672205 -0.57 11.20
Oct 2022 930779.0849470635 -0.91 10.03
Nov 2022 925056.0182519337 -0.61 8.60
Dec 2022 926536.033408978 0.16 7.96
Jan 2023 931833.3021390149 0.57 7.59
Feb 2023 938981.4077306287 0.77 7.46
Mar 2023 944725.6585006873 0.61 6.87
Apr 2023 954061.4254937889 0.99 6.43
May 2023 966771.486640371 1.33 5.87
Jun 2023 981908.6778962117 1.57 5.61
Jul 2023 995014.4901284641 1.34 5.57
Aug 2023 1002408.1346074566 0.74 6.10
Sep 2023 1008183.7675676997 0.58 7.33
Oct 2023 1014779.0568210427 0.65 9.03
Nov 2023 1024683.26066009 0.98 10.77
Dec 2023 1037050.9498613408 1.21 11.93
Jan 2024 1048687.6419723025 1.12 12.54
Feb 2024 1062437.8187225538 1.31 13.15
Mar 2024 1077990.8602740525 1.46 14.11
Apr 2024 1096381.3800743504 1.71 14.92
May 2024 1111460.209108008 1.38 14.97
Jun 2024 1119513.7137280197 0.73 14.01
Jul 2024 1121446.233504082 0.17 12.71
Aug 2024 1122764.565226115 0.12 12.01
Sep 2024 1126241.3577073899 0.31 11.71
Oct 2024 1131989.3600484794 0.51 11.55
Nov 2024 1136946.2209630818 0.44 10.96
Dec 2024 1137477.1408956586 0.05 9.68
Jan 2025 1136801.4088498165 -0.06 8.40
Feb 2025 1137858.4384636704 0.09 7.10
Mar 2025 1144745.4316943076 0.61 6.19
Apr 2025 1155001.7074907133 0.90 5.35
May 2025 1164020.333467229 0.78 4.73
Jun 2025 1171394.1969328353 0.63 4.63
Jul 2025 1176296.5121219002 0.42 4.89
Aug 2025 1180437.070464247 0.35 5.14
Sep 2025 1185256.5898734827 0.41 5.24
Oct 2025 1190556.6081798442 0.45 5.17
Nov 2025 1199486.2707405018 0.75 5.50
Dec 2025 1208105.8896928492 0.72 6.21
Jan 2026 1217665.5056503506 0.79 7.11
Feb 2026 1228206.9643096614 0.87 7.94