Blackwood, NJ is a great place to purchase a home. According to recent statistics, the median value of a home in Blackwood is $301,000, which is lower than the national median value of $338,100. In addition, the one year house appreciation rate in Blackwood is 15.62%, significantly higher than the national appreciation rate of 8.27%. This makes investing in property in Blackwood a wise decision for potential home buyers.
The median home cost in Blackwood is $301,000. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Blackwood is up 18.1%.
Average Age of Homes
- The median age of Blackwood real estate is 58 years old
The Rental Market in Blackwood
- Renters make up 23.6% of the Blackwood population
- 1.9% of houses and apartments in Blackwood, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.