The housing market in Anderson, NJ is quite impressive. The median value of homes in the area is $222,000, which is significantly lower than the US house median value of $338,100. This makes Anderson an attractive option for those looking to purchase a home. Not only that, the 1 year appreciation rate for housing in Anderson has been 10.13%, which is higher than the US 1 year house appreciation rate of 8.27%. This indicates that investing in Anderson real estate can be a smart financial move. With its low median home value and high appreciation rate, it's no wonder why so many people are choosing to invest in homes in Anderson, NJ.
The median home cost in Anderson is $222,000. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Anderson is up 14.2%.
Average Age of Homes
- The median age of Anderson real estate is 54 years old
The Rental Market in Anderson
- Renters make up 14.4% of the Anderson population
- 0.0% of houses and apartments in Anderson, 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.