The housing market in Hackensack, NJ is strong, with a median value of $375,400 that far exceeds the US median house value of $338,100. Over the last year, the value of homes in Hackensack has appreciated even further at 10.32%, outpacing the national rate of 8.27%. This suggests that the Hackensack housing market is particularly healthy and growing rapidly--a great option for buyers looking to get into a new home.
The median home cost in Hackensack is $375,400. Home appreciation the last 10 years has been 52.1%. Home Appreciation in Hackensack is up 9.0%.
Average Age of Homes
- The median age of Hackensack real estate is 51 years old
The Rental Market in Hackensack
- Renters make up 59.7% of the Hackensack population
- 2.2% of houses and apartments in Hackensack, 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.