The housing market in Allamuchy, NJ is quite strong. The median value for a house is $386,600 which is significantly higher than the US median value of $338,100. In the past year, appreciation of house values has been strong in Allamuchy, at 10.13%, which is higher than the national average of 8.27%. This suggests that real estate in Allamuchy is a great investment and could be a wise purchase for anyone looking to buy in the area.
The median home cost in Allamuchy township is $386,600. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Allamuchy township is up 14.2%.
Average Age of Homes
- The median age of Allamuchy township real estate is 33 years old
The Rental Market in Allamuchy township
- Renters make up 7.2% of the Allamuchy township population
- 0.0% of houses and apartments in Allamuchy township, 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.