Fredon, NJ has a median housing value of $499,300, which is significantly higher than the US median housing value of $338,100. This is likely due to the increased appreciation rate for housing in Fredon. Over the last year, house prices in Fredon have appreciated at a rate of 10.13%, much higher than the US average of 8.27%. The high housing values and strong appreciation rate make Fredon an attractive destination for those looking to invest in real estate or buy a home.
The median home cost in Fredon is $499,300. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Fredon is up 14.2%.
Average Age of Homes
- The median age of Fredon real estate is 38 years old
The Rental Market in Fredon
- Renters make up 9.2% of the Fredon population
- 0.0% of houses and apartments in Fredon, 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.