Mannington, NJ is a desirable area when it comes to housing. The median value of homes in this area is $319,100, which is slightly lower than the U.S. House Median Value of $338,100. However, the one year appreciation rate for houses in Mannington is 15.62%, which is significantly higher than the national average of 8.27%. This has made Mannington an attractive location for home buyers who are looking for a high rate of return on their investments. With its strong appreciation rate and affordable prices, Mannington is certainly worth a look for anyone considering purchasing a home in the near future.
The median home cost in Mannington is $319,100. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Mannington is up 18.1%.
Average Age of Homes
- The median age of Mannington real estate is 60 years old
The Rental Market in Mannington
- Renters make up 11.5% of the Mannington population
- 0.0% of houses and apartments in Mannington, 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.