The housing market in East Franklin, NJ is a strong one with a median value of $332,900. This is slightly below the national median value of $338,100, but East Franklin has experienced a higher appreciation rate over the last year than the US as a whole with an impressive 10.79% compared to 8.27%. This makes East Franklin an attractive destination for potential home buyers who are looking for an area that will have good returns on their investment.
The median home cost in East Franklin is $332,900. Home appreciation the last 10 years has been 60.4%. Home Appreciation in East Franklin is up 15.1%.
Average Age of Homes
- The median age of East Franklin real estate is 57 years old
The Rental Market in East Franklin
- Renters make up 35.3% of the East Franklin population
- 0.0% of houses and apartments in East Franklin, 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.