The housing market in North Plainfield, NJ continues to be strong and demonstrate healthy growth. The median value of homes in the area is currently $392,400, which is significantly higher than the national median of $338,100. In the past year, the US housing market has seen an appreciation of 8.27%, while North Plainfield has experienced a slightly higher rate of 10.07% appreciation. This high appreciation rate indicates that North Plainfield is a desirable place to live and could continue to outpace national trends in terms of home values.
The median home cost in North Plainfield is $392,400. Home appreciation the last 10 years has been 66.2%. Home Appreciation in North Plainfield is up 13.9%.
Average Age of Homes
- The median age of North Plainfield real estate is 65 years old
The Rental Market in North Plainfield
- Renters make up 39.5% of the North Plainfield population
- 1.9% of houses and apartments in North Plainfield, 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.