0 8525 Hopewell, NJ is currently experiencing an impressive housing market with a median value of $523,000. This is significantly higher than the U.S. house median value of $338,100. Furthermore, the 1 year appreciation rate for houses in 08525 Hopewell, NJ is 16.62%, which is 8.27% higher than the U.S. average of 8.27%. This indicates that this area has seen a substantial increase in new homeowners and rapid growth in the housing market over the last few years.
The median home cost in Hopewell (zip 08525) is $523,000. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Hopewell (zip 08525) is up 18.4%.
Average Age of Homes
- The median age of Hopewell (zip 08525) real estate is 63 years old
The Rental Market in Hopewell (zip 08525)
- Renters make up 13.8% of the Hopewell (zip 08525) population
- 1.0% of houses and apartments in Hopewell (zip 08525), 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.