New Village, NJ is a desirable place to live, with the median house value sitting at $259,900. This is significantly lower than the US house median value of $338,100 but despite this difference in price tag New Village has seen a greater appreciation rate of 10.73% over the last year compared to the US 8.27%. This suggests that houses in New Village are increasing in value more quickly than those elsewhere, making it an attractive option for potential buyers looking to take advantage of these trend lines.
The median home cost in New Village is $259,900. Home appreciation the last 10 years has been 60.1%. Home Appreciation in New Village is up 15.0%.
Average Age of Homes
- The median age of New Village real estate is 78 years old
The Rental Market in New Village
- Renters make up 16.7% of the New Village population
- 0.0% of houses and apartments in New Village, 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.