Housing in Bellmawr, NJ is very attractive to potential buyers. According to recent data, the median value of a house in the area is $230,300 which is lower than the US House Median Value of $338,100 and significantly lower than other nearby cities. The annual appreciation rate of housing in Bellmawr has also been on an upward trend lately with a 1 year increase of 15.62%, compared to 8.27% for the US overall. This makes it an appealing option for those looking to invest in real estate in this area as there are many opportunities for an increasing return on investment over time.
The median home cost in Bellmawr is $230,300. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Bellmawr is up 18.1%.
Average Age of Homes
- The median age of Bellmawr real estate is 60 years old
The Rental Market in Bellmawr
- Renters make up 32.2% of the Bellmawr population
- 1.3% of houses and apartments in Bellmawr, 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.