The housing market in Saddle River, NJ is strong compared to the rest of the United States. The median value of a house in Saddle River is significantly higher than the US median value at $1,889,800. The one year appreciation rate of 7.56% in Saddle River is slightly lower than the US average of 8.27%. This indicates that while home values in Saddle River are increasing at a slightly slower pace than the rest of the country, it still remains a desirable place to live due to its higher home values and steady growth.
The median home cost in Saddle River is $1,889,800. Home appreciation the last 10 years has been 51.6%. Home Appreciation in Saddle River is up 12.7%.
Average Age of Homes
- The median age of Saddle River real estate is 33 years old
The Rental Market in Saddle River
- Renters make up 19.4% of the Saddle River population
- 1.4% of houses and apartments in Saddle River, 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.