Garwood, NJ is a desirable place to live with housing median values that are significantly higher than the US median value. On average Garwood houses appreciate by 10.07% each year, which is higher than the 8.27% appreciation rate seen across the entire United States. The high house prices and steady appreciation rate makes Garwood an attractive option for those looking to invest in real estate or purchase a home of their own.
The median home cost in Garwood is $513,200. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Garwood is up 13.9%.
Average Age of Homes
- The median age of Garwood real estate is 65 years old
The Rental Market in Garwood
- Renters make up 33.2% of the Garwood population
- 0.0% of houses and apartments in Garwood, 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.