Hancocks Bridge, NJ is a great place to purchase a home with its median value of $154,500. The median value for the US is significantly higher at $338,100. House prices in Hancocks Bridge have increased significantly in the last year with an appreciation rate of 15.62%, much higher than the US average of 8.27%. This makes Hancocks Bridge an attractive option for those looking for an affordable home in a desirable area.
The median home cost in Hancocks Bridge is $154,500. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Hancocks Bridge is up 18.1%.
Average Age of Homes
- The median age of Hancocks Bridge real estate is 66 years old
The Rental Market in Hancocks Bridge
- Renters make up 25.3% of the Hancocks Bridge population
- 6.0% of houses and apartments in Hancocks Bridge, 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.