Berkeley Heights, NJ is a highly desirable area with a housing median value of $675,500, which is significantly higher than the US house median value of $338,100. Although the US housing market has appreciated 8.27% in the past year, Berkeley Heights still saw an appreciation of 6.48%, suggesting that it remains a strong and growing market in terms of real estate values. The area offers many great attributes for potential homebuyers and investors including its close proximity to nearby cities and excellent school districts. With an attractive housing market and high median value, Berkeley Heights continues to be a popular choice for those looking to call it home.
The median home cost in Berkeley Heights is $675,500. Home appreciation the last 10 years has been 44.3%. Home Appreciation in Berkeley Heights is up 12.1%.
Average Age of Homes
- The median age of Berkeley Heights real estate is 54 years old
The Rental Market in Berkeley Heights
- Renters make up 7.4% of the Berkeley Heights population
- 0.0% of houses and apartments in Berkeley Heights, 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.