Belford, NJ has a median housing value of $448,900 which is significantly higher than the US median housing value of $338,100. In the last year, the US housing market appreciated by 8.27%, while Belford's appreciation was even stronger at 11.40%. This indicates that Belford real estate is in strong demand and that now may be an opportune time to invest in this area of New Jersey. With its higher median value and greater year-over-year appreciation, Belford offers potential buyers a unique opportunity to take advantage of a hot real estate market.
The median home cost in Belford is $448,900. Home appreciation the last 10 years has been 78.1%. Home Appreciation in Belford is up 17.5%.
Average Age of Homes
- The median age of Belford real estate is 47 years old
The Rental Market in Belford
- Renters make up 13.9% of the Belford population
- 5.2% of houses and apartments in Belford, 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.