Frenchtown, NJ is a city that is known for its high housing median value, currently sitting at $431,600. This is significantly higher than the US house median value of $338,100 and demonstrates why Frenchtown is an attractive city to live in. Furthermore, the one year house appreciation rate in Frenchtown has been 10.79%, which shows that housing values are on the rise and Frenchtown is growing as a city. All of these factors make Frenchtown an ideal place to invest in real estate and an attractive destination for prospective buyers.
The median home cost in Frenchtown is $431,600. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Frenchtown is up 15.1%.
Average Age of Homes
- The median age of Frenchtown real estate is 78 years old
The Rental Market in Frenchtown
- Renters make up 31.6% of the Frenchtown population
- 0.0% of houses and apartments in Frenchtown, 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.