Alloway, NJ is a great place to invest in real estate. According to the data provided, the housing median value in Alloway is $269,500 which is significantly lower than the US house median value of $338,100. Furthermore, it is expected that the house appreciation for Alloway will be higher at 13.29%, compared to the average US 1 year house appreciation of 8.27%. This makes now an excellent time for those looking to buy a home in Alloway as its housing prices are relatively low and expected to increase in value significantly over time.
The median home cost in Alloway township is $269,500. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Alloway township is up 17.8%.
Average Age of Homes
- The median age of Alloway township real estate is 49 years old
The Rental Market in Alloway township
- Renters make up 11.7% of the Alloway township population
- 0.0% of houses and apartments in Alloway township, 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.