Kenilworth, NJ is an attractive place to live due to its median house value of $493,000, which is significantly higher than the national median of $338,100. Additionally, houses in the area have experienced an impressive 1 year appreciation rate of 10.07%, which is over 2% above the national average of 8.27%. This makes Kenilworth an ideal place for people looking to invest in real estate and benefit from growing property values.
The median home cost in Kenilworth is $493,000. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Kenilworth is up 13.9%.
Average Age of Homes
- The median age of Kenilworth real estate is 62 years old
The Rental Market in Kenilworth
- Renters make up 17.8% of the Kenilworth population
- 2.0% of houses and apartments in Kenilworth, 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.