The housing market in Peapack and Gladstone, NJ is strong and steadily growing. The median value of homes in the area is $827,800, significantly higher than the US median of $338,100. Over the past year, house appreciation in the area was 6.48%, slightly lower than the national average of 8.27%. This reflects a healthy market that has seen steady growth over time while still being manageable for buyers and residents alike.
The median home cost in Peapack and Gladstone is $827,800. Home appreciation the last 10 years has been 44.3%. Home Appreciation in Peapack and Gladstone is up 12.1%.
Average Age of Homes
- The median age of Peapack and Gladstone real estate is 61 years old
The Rental Market in Peapack and Gladstone
- Renters make up 21.9% of the Peapack and Gladstone population
- 0.0% of houses and apartments in Peapack and Gladstone, 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.