Ten Mile Run, NJ is an affluent area with a high median value for housing. The median value for houses in Ten Mile Run is almost double that of the US median value at $743,700 versus $338,100. Not only is the median value higher than the national average, but Ten Mile Run has seen a much higher rate of house appreciation over the past year at 16.23% compared to 8.27% nationally. This reflects the demand for housing in this desirable community and suggests a strong real estate market in Ten Mile Run.
The median home cost in Ten Mile Run is $743,700. Home appreciation the last 10 years has been 62.5%. Home Appreciation in Ten Mile Run is up 18.2%.
Average Age of Homes
- The median age of Ten Mile Run real estate is 13 years old
The Rental Market in Ten Mile Run
- Renters make up 10.8% of the Ten Mile Run population
- 0.0% of houses and apartments in Ten Mile Run, 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.