Asbury Park, NJ is an attractive place for those looking to buy property. With a median value of $547,000, the housing in Asbury Park is significantly higher than the US median of $338,100. Furthermore, house appreciation in Asbury Park over the past year has been 11.40%, which is much higher than the US 1 year appreciation average of 8.27%. This makes it an especially attractive option for those looking to invest in property.
The median home cost in Asbury Park is $547,000. Home appreciation the last 10 years has been 78.1%. Home Appreciation in Asbury Park is up 17.5%.
Average Age of Homes
- The median age of Asbury Park real estate is 58 years old
The Rental Market in Asbury Park
- Renters make up 65.2% of the Asbury Park population
- 4.6% of houses and apartments in Asbury Park, 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.