The housing market in 07205 Hillside, NJ is booming. According to the given information, the median value of a house in Hillside is currently $404,100, which is significantly higher than the US median house value of $338,100. In addition, housing appreciation has been strong in Hillside with a 1 year appreciation rate of 10%, well above the US average of 8.27%. This suggests that homes in Hillside are both expensive and a good investment for homeowners.
The median home cost in Hillside (zip 07205) is $404,100. Home appreciation the last 10 years has been 58.1%. Home Appreciation in Hillside (zip 07205) is up 13.5%.
Average Age of Homes
- The median age of Hillside (zip 07205) real estate is 71 years old
The Rental Market in Hillside (zip 07205)
- Renters make up 29.6% of the Hillside (zip 07205) population
- 1.7% of houses and apartments in Hillside (zip 07205), 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.