The housing market in Dennis, NJ is incredibly vibrant. The median value of houses in Dennis stands at $559,700 which is significantly higher than the national median value of $338,100. This demonstrates the area's attractiveness and potential for growth. In addition, the 1 year house appreciation rate in Dennis is 16.43%, while the US average stands at 8.27%. This shows that investors and homeowners alike have recognized the vast potential of investing in this area and are willing to pay a premium for it. It is clear that Dennis, NJ has a booming housing market with great potential for growth over time.
The median home cost in Dennis is $559,700. Home appreciation the last 10 years has been 70.7%. Home Appreciation in Dennis is up 20.3%.
Average Age of Homes
- The median age of Dennis real estate is 37 years old
The Rental Market in Dennis
- Renters make up 12.1% of the Dennis population
- 0.0% of houses and apartments in Dennis, 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.