The housing market in Heathcote, NJ is thriving compared to the national market. The median value of a home in Heathcote is $492,100, which is significantly higher than the US House median value of $338,100. Additionally, the one year house appreciation rate in Heathcote is 13.14%, much higher than the US 1 year house appreciation rate of 8.27%. This suggests that houses in Heathcote are appreciating faster and have more potential for growth than those nationwide. This makes it an attractive investment opportunity for buyers interested in purchasing property in this area.
The median home cost in Heathcote is $492,100. Home appreciation the last 10 years has been 61.3%. Home Appreciation in Heathcote is up 16.4%.
Average Age of Homes
- The median age of Heathcote real estate is 28 years old
The Rental Market in Heathcote
- Renters make up 20.7% of the Heathcote population
- 0.5% of houses and apartments in Heathcote, 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.