Jersey City, NJ is home to many different types of housing, from high-end luxury apartments to single-family homes. The median value for a house in Jersey City is $553,300, which is significantly higher than the US median house value of $338,100. In the past year, houses in Jersey City have appreciated by 8.22%, just below the national average of 8.27%. This shows that there is strong demand for housing in Jersey City and that it can be a great investment opportunity for those looking to buy or sell. With its proximity to New York and other desirable amenities, Jersey City has become increasingly popular with homebuyers and investors alike.
The median home cost in Jersey City is $553,300. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Jersey City is up 10.8%.
Average Age of Homes
- The median age of Jersey City real estate is 62 years old
The Rental Market in Jersey City
- Renters make up 61.5% of the Jersey City population
- 3.5% of houses and apartments in Jersey City, 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.