The housing market in Neptune, NJ is quite strong compared to other areas in the US. The median value of a home in Neptune is $470,900, which is significantly higher than the US house median value of $338,100. Furthermore, the 1 year house appreciation rate for homes in Neptune has been 11.40%, significantly higher than the 8.27% national average. This trend looks to continue as more people look to move to or invest in real estate in Neptune.
The median home cost in Neptune is $470,900. Home appreciation the last 10 years has been 78.1%. Home Appreciation in Neptune is up 17.5%.
Average Age of Homes
- The median age of Neptune real estate is 58 years old
The Rental Market in Neptune
- Renters make up 28.3% of the Neptune population
- 0.7% of houses and apartments in Neptune, 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.