Mine Hill, NJ is a great place to invest in housing. The median value of homes in Mine Hill is $381,900, slightly higher than the US House median value of $338,100. Additionally, the 1 year house appreciation rate for Mine Hill is 10.13%, which is significantly higher than the US average rate of 8.27%. This indicates that housing values in Mine Hill are likely to continue increasing over time at a rate faster than the national average. Therefore, investing in housing in Mine Hill can be a great choice for people looking to get a good return on their investment and capitalize on potential increases in value.
The median home cost in Mine Hill is $381,900. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Mine Hill is up 14.2%.
Average Age of Homes
- The median age of Mine Hill real estate is 61 years old
The Rental Market in Mine Hill
- Renters make up 10.3% of the Mine Hill population
- 2.0% of houses and apartments in Mine Hill, 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.