Scotch Plains, NJ is a desirable town with a thriving housing market. The median value of homes in Scotch Plains is $624,400, which is significantly higher than the US House Median Value of $338,100. In addition to its high home values, the town has seen strong appreciation in the past year with an increase of 10.07%, nearly 2% more than the US average 1 year house appreciation of 8.27%. These factors indicate that Scotch Plains is an attractive place for homeowners looking for a secure investment and have propelled the town's growing housing market.
The median home cost in Scotch Plains is $624,400. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Scotch Plains is up 13.9%.
Average Age of Homes
- The median age of Scotch Plains real estate is 55 years old
The Rental Market in Scotch Plains
- Renters make up 20.7% of the Scotch Plains population
- 0.0% of houses and apartments in Scotch Plains, 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.