The housing market in 08023 Pennsville, NJ is booming. The median value of a home in the area is $134,900, which is significantly lower than the US median of $338,100. In addition to this, the 1 year House Appreciation rate for the US is only 8.27%, whereas the 1 year appreciation rate in Pennsville is 15.62%. This is indicative of a strong housing market that has seen consistent growth and presents a great opportunity for both buyers and sellers.
The median home cost in Pennsville (zip 08023) is $134,900. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Pennsville (zip 08023) is up 18.1%.
Average Age of Homes
- The median age of Pennsville (zip 08023) real estate is 70 years old
The Rental Market in Pennsville (zip 08023)
- Renters make up 23.5% of the Pennsville (zip 08023) population
- 0.0% of houses and apartments in Pennsville (zip 08023), 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.