Point Pleasant, NJ is known for its expensive real estate. The median housing value in Point Pleasant is significantly higher than the US median of $338,100, at $587,700. This is indicative of the strong demand for housing in this area. Additionally, the home appreciation rate in Point Pleasant is 13.53%, significantly higher than the national average of 8.27%. This suggests that buying a home in Point Pleasant would be a great investment. With such high demand and appreciation rates, it's not surprising that many people want to buy a home in this beautiful Jersey shore town.
The median home cost in Point Pleasant is $587,700. Home appreciation the last 10 years has been 85.4%. Home Appreciation in Point Pleasant is up 19.0%.
Average Age of Homes
- The median age of Point Pleasant real estate is 50 years old
The Rental Market in Point Pleasant
- Renters make up 15.7% of the Point Pleasant population
- 1.2% of houses and apartments in Point Pleasant, 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.