The housing market in Tewksbury, NJ is very strong. The median value of a house in the town is $789,000 which is much higher than the national median value of $338,100. Over the past year, appreciation on houses in Tewksbury has been even higher than the US average at 10.27% compared to 8.27%. This indicates that the demand for housing in Tewksbury outstrips supply and makes it an attractive place to invest in real estate.
The median home cost in Tewksbury is $789,000. Home appreciation the last 10 years has been 57.7%. Home Appreciation in Tewksbury is up 14.5%.
Average Age of Homes
- The median age of Tewksbury real estate is 44 years old
The Rental Market in Tewksbury
- Renters make up 5.4% of the Tewksbury population
- 1.9% of houses and apartments in Tewksbury, 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.