Galloway, NJ is a great place to live due to its housing market. The median value of houses in Galloway is $311,200 which is slightly lower than the US house median value of $338,100. However, the one year appreciation rate for houses in Galloway is higher at 16.38%, compared to 8.27% for the US as a whole. This signals that home values are rising significantly in Galloway and make it an attractive place to buy or invest in real estate.
The median home cost in Galloway is $311,200. Home appreciation the last 10 years has been 70.6%. Home Appreciation in Galloway is up 20.3%.
Average Age of Homes
- The median age of Galloway real estate is 31 years old
The Rental Market in Galloway
- Renters make up 22.7% of the Galloway population
- 1.2% of houses and apartments in Galloway, 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.