Franklin Center, NJ is a desirable place to live due to its high housing median value of $491,500. This is significantly higher than the US housing median value of $338,100, and the appreciation in housing prices for the past year has been even more impressive, at 10.79%, compared to the US average of 8.27%. These figures make Franklin Center an attractive option for potential homeowners who want to invest in their future property values.
The median home cost in Franklin Center is $491,500. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Franklin Center is up 15.1%.
Average Age of Homes
- The median age of Franklin Center real estate is 14 years old
The Rental Market in Franklin Center
- Renters make up 9.5% of the Franklin Center population
- 0.0% of houses and apartments in Franklin Center, 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.