Upper, NJ has an incredibly high median value for a house compared to the national average. At $640,600, it is almost double the national median value of $338,100. This means that houses in Upper, NJ are more expensive than most other places in the United States. Furthermore, houses in Upper, NJ appreciate at a much faster rate than the average house in the US; 16.42% in comparison to 8.27%. This shows that Upper, NJ is an area with incredibly high house values and appreciation rates and is a great place for those looking to invest in real estate.
The median home cost in Upper is $640,600. Home appreciation the last 10 years has been 70.7%. Home Appreciation in Upper is up 20.3%.
Average Age of Homes
- The median age of Upper real estate is 34 years old
The Rental Market in Upper
- Renters make up 5.7% of the Upper population
- 0.4% of houses and apartments in Upper, 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.