The housing market in Hi-Nella, NJ is doing well compared to the US as a whole. The median home value in Hi-Nella is $203,300, which is lower than the US House Median Value of $338,100. However, over the past year, Hi-Nella has seen remarkable appreciation with its house values increasing 15.62%, much higher than the US 1 year House Appreciation rate of 8.27%. This suggests that those looking for an affordable place to live in New Jersey should consider Hi-Nella as their next potential home.
The median home cost in Hi-Nella is $203,300. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Hi-Nella is up 18.1%.
Average Age of Homes
- The median age of Hi-Nella real estate is 51 years old
The Rental Market in Hi-Nella
- Renters make up 66.1% of the Hi-Nella population
- 2.9% of houses and apartments in Hi-Nella, 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.