Clifton, NJ is a city known for its high housing values. The median value of a house in Clifton is $478,400, which is nearly 40% higher than the US housing median value of $338,100. In the past year, the housing market in Clifton has appreciated 10.07%, which is significantly higher than the US 1 year house appreciation rate of 8.27%. This increase in housing values shows that Clifton is a desirable place to live and invest in real estate.
The median home cost in Clifton is $478,400. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Clifton is up 13.9%.
Average Age of Homes
- The median age of Clifton real estate is 63 years old
The Rental Market in Clifton
- Renters make up 35.0% of the Clifton population
- 0.6% of houses and apartments in Clifton, 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.