The housing market in West Long Branch, NJ is quite strong, with the median value of a house sitting at $753,500 - significantly higher than the US median of $338,100. Furthermore, the appreciation rate for houses in West Long Branch has been 11.40%, which is more than double the national 1 year house appreciation rate of 8.27%. This reflects the strong demand for housing in West Long Branch and suggests that it is an attractive place to invest in real estate.
The median home cost in West Long Branch is $753,500. Home appreciation the last 10 years has been 78.1%. Home Appreciation in West Long Branch is up 17.5%.
Average Age of Homes
- The median age of West Long Branch real estate is 55 years old
The Rental Market in West Long Branch
- Renters make up 19.1% of the West Long Branch population
- 0.9% of houses and apartments in West Long Branch, 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.