The housing market in East Freehold, NJ is quite impressive. The median value of a house in East Freehold is substantially higher than the US median house value at $598,300 versus $338,100 respectively. This significant difference has been further aided by the rate of appreciation for houses in the area which is 11.40%, outperforming that of the US at 8.27%. This combination has created an excellent real estate market for potential homeowners and investors alike in East Freehold, NJ.
The median home cost in East Freehold is $598,300. Home appreciation the last 10 years has been 78.1%. Home Appreciation in East Freehold is up 17.5%.
Average Age of Homes
- The median age of East Freehold real estate is 37 years old
The Rental Market in East Freehold
- Renters make up 6.3% of the East Freehold population
- 3.1% of houses and apartments in East Freehold, 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.