The housing market in Dunellen, NJ is thriving, with a median house value of $405,300. This is slightly higher than the US median house value of $338,100 and it shows that there is an increasing demand for property in the area. The 1 year appreciation rate for houses in Dunellen, NJ is 10.79%, which is higher than the national average of 8.27%. This indicates that home values are continuing to increase and that Dunellen remains a desirable place to live and invest in real estate.
The median home cost in Dunellen is $405,300. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Dunellen is up 15.1%.
Average Age of Homes
- The median age of Dunellen real estate is 65 years old
The Rental Market in Dunellen
- Renters make up 23.7% of the Dunellen population
- 0.0% of houses and apartments in Dunellen, 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.