Belleville, NJ is a great place to live for those looking for a home. The median value of a house in Belleville is $391,400, which is higher than the national median of $338,100. Additionally, Belleville saw an impressive 13.15% appreciation of their housing market in the past year, significantly higher than the 8.27% appreciation rate nationally. This indicates that homes in Belleville are increasing in value faster than other areas of the country and could be a great investment opportunity for those looking to buy property in this area.
The median home cost in Belleville is $391,400. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Belleville is up 9.7%.
Average Age of Homes
- The median age of Belleville real estate is 64 years old
The Rental Market in Belleville
- Renters make up 43.6% of the Belleville population
- 1.1% of houses and apartments in Belleville, 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.