Avenel, NJ is a great place to live for those looking to invest in real estate. The median value of housing in Avenel is $401,700, which is significantly higher than the US House Median Value of $338,100. Additionally, the appreciation rate of houses in Avenel over the last year has been 10.07%, compared to 8.27% for the US as a whole. This makes Avenel an attractive option for both buyers and sellers who are looking to benefit from their investment in real estate.
The median home cost in Avenel is $401,700. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Avenel is up 13.9%.
Average Age of Homes
- The median age of Avenel real estate is 45 years old
The Rental Market in Avenel
- Renters make up 46.3% of the Avenel population
- 1.6% of houses and apartments in Avenel, 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.