Mahwah, NJ is an affluent town with a median house value of $588,900 which is significantly higher than the US median value of $338,100. Housing in Mahwah has appreciated by 7.56% in the last year, which is slightly lower than the national appreciation rate of 8.27%. This indicates that Mahwah offers residents a strong investment opportunity for homeowners and potential buyers alike. The higher median price means that there is a good supply of luxury housing available compared to other areas in the US.
The median home cost in Mahwah is $588,900. Home appreciation the last 10 years has been 51.6%. Home Appreciation in Mahwah is up 12.7%.
Average Age of Homes
- The median age of Mahwah real estate is 33 years old
The Rental Market in Mahwah
- Renters make up 15.3% of the Mahwah population
- 0.1% of houses and apartments in Mahwah, 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.