The housing market in 08012 Blackwood, NJ is quite strong. The median value of homes in this area is $290,600 which is lower than the US House Median Value at $338,100. However, while the US House Appreciation for the past year was 8.27%, houses in 08012 Blackwood, NJ had an appreciation rate of 15.62% over the same time frame. This suggests that real estate investments here may be a wise decision and that the market will continue to remain strong in this area.
The median home cost in Blackwood (zip 08012) is $290,600. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Blackwood (zip 08012) is up 18.1%.
Average Age of Homes
- The median age of Blackwood (zip 08012) real estate is 44 years old
The Rental Market in Blackwood (zip 08012)
- Renters make up 31.5% of the Blackwood (zip 08012) population
- 1.0% of houses and apartments in Blackwood (zip 08012), 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.