The housing market in Annandale, NJ is thriving. The median value of homes in Annandale is $538,800, significantly higher than the national average of $338,100. Additionally, the annual appreciation rate for housing here is 10.79%, compared to 8.27% nationally. This shows that Annandale is a desirable and rapidly appreciating place to live and invest in real estate.
The median home cost in Annandale is $538,800. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Annandale is up 15.1%.
Average Age of Homes
- The median age of Annandale real estate is 41 years old
The Rental Market in Annandale
- Renters make up 33.2% of the Annandale population
- 1.1% of houses and apartments in Annandale, 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.