Zip Code: 07054 (Parsippany, 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 07054 Zip Code (Parsippany, New Jersey) in February 2026 was $706,256.367. The month over month percentage change (MoM) was 0.50%, and the year over year percentage change (YoY) was 2.48%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 07054 zip code (Parsippany, New Jersey). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 07054 zip code (Parsippany, 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: 07054 (Parsippany, New Jersey) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 07054 (Parsippany, New Jersey) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 429226.00169903436 0.24 4.72
Feb 2015 430103.0505555638 0.20 4.18
Mar 2015 430690.24797778326 0.14 3.65
Apr 2015 430047.3632232584 -0.15 2.81
May 2015 429657.15310328687 -0.09 2.21
Jun 2015 430302.3999049614 0.15 1.92
Jul 2015 431932.54185933404 0.38 2.08
Aug 2015 434083.69270265364 0.50 2.34
Sep 2015 436506.7720011711 0.56 2.66
Oct 2015 439229.65858642245 0.62 2.98
Nov 2015 441549.4718817976 0.53 3.29
Dec 2015 443556.3939491716 0.46 3.59
Jan 2016 444825.65098619444 0.29 3.63
Feb 2016 445501.1269184717 0.15 3.58
Mar 2016 444772.7889575768 -0.16 3.27
Apr 2016 443787.8477007877 -0.22 3.20
May 2016 442715.38227159175 -0.24 3.04
Jun 2016 441838.444140715 -0.20 2.68
Jul 2016 441222.4106289667 -0.14 2.15
Aug 2016 440176.1171492945 -0.24 1.40
Sep 2016 439297.17563477764 -0.20 0.64
Oct 2016 439181.5694034647 -0.03 -0.01
Nov 2016 439963.05057569843 0.18 -0.36
Dec 2016 441592.57911276276 0.37 -0.44
Jan 2017 442610.51334183366 0.23 -0.50
Feb 2017 443451.68325417856 0.19 -0.46
Mar 2017 443799.09227136633 0.08 -0.22
Apr 2017 444563.71384474874 0.17 0.18
May 2017 445352.2099181553 0.18 0.60
Jun 2017 446678.8558962064 0.30 1.10
Jul 2017 447790.5085577451 0.25 1.49
Aug 2017 448935.5607400334 0.26 1.99
Sep 2017 450018.2537813972 0.24 2.44
Oct 2017 451039.6371694536 0.23 2.70
Nov 2017 452135.2951368036 0.24 2.77
Dec 2017 453143.8572640249 0.22 2.62
Jan 2018 454137.7557265596 0.22 2.60
Feb 2018 455166.5529521006 0.23 2.64
Mar 2018 456528.48731956724 0.30 2.87
Apr 2018 458341.16620388714 0.40 3.10
May 2018 460371.7033591093 0.44 3.37
Jun 2018 461971.2620693571 0.35 3.42
Jul 2018 463714.86427144747 0.38 3.56
Aug 2018 465201.7005604678 0.32 3.62
Sep 2018 466095.93437412026 0.19 3.57
Oct 2018 466470.0349742638 0.08 3.42
Nov 2018 467238.1187863454 0.17 3.34
Dec 2018 468127.9924612757 0.19 3.31
Jan 2019 468560.4960632906 0.09 3.18
Feb 2019 468943.9876560766 0.08 3.03
Mar 2019 470308.24748221243 0.29 3.02
Apr 2019 472377.6532442596 0.44 3.06
May 2019 474626.84409683454 0.48 3.10
Jun 2019 476032.8044058157 0.30 3.04
Jul 2019 477209.53888730943 0.25 2.91
Aug 2019 477196.89922079275 0.00 2.58
Sep 2019 477114.3537262748 -0.02 2.36
Oct 2019 477258.63485920354 0.03 2.31
Nov 2019 478067.53029579134 0.17 2.32
Dec 2019 479163.2278354394 0.23 2.36
Jan 2020 480613.7815083658 0.30 2.57
Feb 2020 481799.12355705915 0.25 2.74
Mar 2020 483433.5308228288 0.34 2.79
Apr 2020 486070.5664773353 0.55 2.90
May 2020 488544.04139003484 0.51 2.93
Jun 2020 489213.63616668276 0.14 2.77
Jul 2020 487398.3839768139 -0.37 2.13
Aug 2020 486192.45968425134 -0.25 1.89
Sep 2020 487821.4950046918 0.34 2.24
Oct 2020 491775.740762721 0.81 3.04
Nov 2020 496995.29099259136 1.06 3.96
Dec 2020 502662.09649302234 1.14 4.90
Jan 2021 507889.55794263637 1.04 5.68
Feb 2021 513361.79488778254 1.08 6.55
Mar 2021 518191.69053124863 0.94 7.19
Apr 2021 522626.395771826 0.86 7.52
May 2021 526352.8321820722 0.71 7.74
Jun 2021 529733.0839590732 0.64 8.28
Jul 2021 532758.1304631731 0.57 9.31
Aug 2021 533905.7789776335 0.22 9.81
Sep 2021 533371.0496928822 -0.10 9.34
Oct 2021 533124.5096309824 -0.05 8.41
Nov 2021 535102.7221930915 0.37 7.67
Dec 2021 538192.4837358544 0.58 7.07
Jan 2022 542111.6636599455 0.73 6.74
Feb 2022 546105.3193164435 0.74 6.38
Mar 2022 551690.4848624447 1.02 6.47
Apr 2022 556349.8151576669 0.85 6.45
May 2022 561819.4172971826 0.98 6.74
Jun 2022 566705.3210248732 0.87 6.98
Jul 2022 570263.8437340469 0.63 7.04
Aug 2022 570485.6963651293 0.04 6.85
Sep 2022 568064.1708241265 -0.42 6.51
Oct 2022 566217.6796316294 -0.32 6.21
Nov 2022 565782.2504308153 -0.08 5.73
Dec 2022 567463.2180884056 0.30 5.44
Jan 2023 570455.113263493 0.53 5.23
Feb 2023 572980.0307788579 0.44 4.92
Mar 2023 576950.9311086423 0.69 4.58
Apr 2023 583195.2439643564 1.08 4.83
May 2023 591335.1692438064 1.40 5.25
Jun 2023 599554.0427461549 1.39 5.80
Jul 2023 605788.8179966543 1.04 6.23
Aug 2023 611658.8834930448 0.97 7.22
Sep 2023 616363.8749905768 0.77 8.50
Oct 2023 620747.2532696045 0.71 9.63
Nov 2023 624818.0634134574 0.66 10.43
Dec 2023 628152.5916094114 0.53 10.70
Jan 2024 631131.2591086096 0.47 10.64
Feb 2024 635926.4433217834 0.76 10.99
Mar 2024 643146.2331186925 1.14 11.47
Apr 2024 650771.3248339433 1.19 11.59
May 2024 655980.5704560566 0.80 10.93
Jun 2024 659787.9225777265 0.58 10.05
Jul 2024 663424.1437936962 0.55 9.51
Aug 2024 667968.6228880164 0.69 9.21
Sep 2024 673092.4102749513 0.77 9.20
Oct 2024 678534.3419807958 0.81 9.31
Nov 2024 683271.7066440892 0.70 9.36
Dec 2024 685838.6999385068 0.38 9.18
Jan 2025 687991.1661855868 0.31 9.01
Feb 2025 689136.7976062015 0.17 8.37
Mar 2025 690586.9550825575 0.21 7.38
Apr 2025 692458.1133255042 0.27 6.41
May 2025 694879.8258263766 0.35 5.93
Jun 2025 696045.3974836263 0.17 5.50
Jul 2025 696051.9886047397 0.00 4.92
Aug 2025 694671.2733707529 -0.20 4.00
Sep 2025 694296.894145609 -0.05 3.15
Oct 2025 695053.4155138077 0.11 2.44
Nov 2025 697041.3256415237 0.29 2.02
Dec 2025 699799.3523084862 0.40 2.04
Jan 2026 702754.4905098979 0.42 2.15
Feb 2026 706256.3672251346 0.50 2.48