The housing market in 07853 Long Valley, NJ is thriving. The median value of homes in the area is $569,900, which is significantly higher than the US median value of housing at $338,100. Furthermore, the 1-year house appreciation rate in Long Valley has been 10.13%, which is higher than the national average of 8.27%. These figures demonstrate a strong and robust housing market for Long Valley residents and potential homebuyers looking to purchase property in the area.
The median home cost in Long Valley (zip 07853) is $569,900. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Long Valley (zip 07853) is up 14.2%.
Average Age of Homes
- The median age of Long Valley (zip 07853) real estate is 39 years old
The Rental Market in Long Valley (zip 07853)
- Renters make up 4.9% of the Long Valley (zip 07853) population
- 0.0% of houses and apartments in Long Valley (zip 07853), 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.