Garfield, NJ is an area that has seen great appreciation in housing values over the last year. The median value of a home in Garfield is $433,600, which is significantly higher than the US median value of $338,100. Over the last year, Garfield has seen an appreciation rate of 10.07%, which is higher than the US house appreciation rate of 8.27%. This makes Garfield an attractive place to buy or invest in housing for those looking for a good return on their investment.
The median home cost in Garfield is $433,600. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Garfield is up 13.9%.
Average Age of Homes
- The median age of Garfield real estate is 64 years old
The Rental Market in Garfield
- Renters make up 60.2% of the Garfield population
- 1.9% of houses and apartments in Garfield, 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.