Barnegat Light, NJ is an affluent area of New Jersey with a median housing value of $1,201,900, much higher than the US median housing value of $338,100. The one year house appreciation rate in Barnegat Light is also significantly higher than the US average at 15.62%, compared to 8.27%. These figures point to a strong and growing real estate market in the area. With such high housing values and rapid appreciation rates, Barnegat Light offers potential buyers great opportunities for both short-term and long-term investments.
The median home cost in Barnegat Light is $1,201,900. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Barnegat Light is up 18.1%.
Average Age of Homes
- The median age of Barnegat Light real estate is 38 years old
The Rental Market in Barnegat Light
- Renters make up 2.6% of the Barnegat Light population
- 0.5% of houses and apartments in Barnegat Light, 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.