Bridgewater, NJ is a desirable area for housing with a median value of $585,800. This is almost twice the median value of US homes, which stands at $338,100. In addition to the higher value of homes in Bridgewater, NJ, they have also experienced a stronger appreciation rate over the last year of 10.71%, compared to the national average of 8.27%. This makes Bridgewater an attractive choice for potential home buyers or investors looking for a good return on their investment.
The median home cost in Bridgewater is $585,800. Home appreciation the last 10 years has been 60.1%. Home Appreciation in Bridgewater is up 15.0%.
Average Age of Homes
- The median age of Bridgewater real estate is 37 years old
The Rental Market in Bridgewater
- Renters make up 14.5% of the Bridgewater population
- 0.7% of houses and apartments in Bridgewater, 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.