Housing in Avon-by-the-Sea, NJ is significantly more expensive than the United States median value of $338,100. The median value for houses here is currently at $1,009,500. Despite this high cost, the appreciation rate over the past year has been 11.40%, which is higher than the US rate of 8.27%. Therefore, while property prices remain high they are increasing at a faster rate than other parts of the country. This makes Avon-by-the-Sea an attractive location to invest in real estate.
The median home cost in Avon-by-the-Sea is $1,009,500. Home appreciation the last 10 years has been 78.1%. Home Appreciation in Avon-by-the-Sea is up 17.5%.
Average Age of Homes
- The median age of Avon-by-the-Sea real estate is 69 years old
The Rental Market in Avon-by-the-Sea
- Renters make up 27.4% of the Avon-by-the-Sea population
- 0.8% of houses and apartments in Avon-by-the-Sea, 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.