The housing market in 07921 Bedminster, NJ is quite strong. The median value of a house in this area is $416,700 which is significantly higher than the US median value of $338,100. This indicates that housing prices are higher in this particular area than the national average. Over the last year, house appreciation has been 6.48%, lower than the US average of 8.27%. Despite the lower rate of appreciation, it still demonstrates that the housing market in this area is stable and continues to increase steadily over time.
The median home cost in Bedminster (zip 07921) is $416,700. Home appreciation the last 10 years has been 44.3%. Home Appreciation in Bedminster (zip 07921) is up 12.1%.
Average Age of Homes
- The median age of Bedminster (zip 07921) real estate is 32 years old
The Rental Market in Bedminster (zip 07921)
- Renters make up 17.7% of the Bedminster (zip 07921) population
- 1.2% of houses and apartments in Bedminster (zip 07921), 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.