The housing market in Irvington, NJ is booming, with the median value of homes being $321,900. This is significantly lower than the national median value of $338,100. However, the 1 year house appreciation rate in Irvington is higher than the national 1 year house appreciation rate at 13.15%, compared to 8.27% nationally. This shows that the housing market in Irvington has experienced strong growth over the past year and may be a good place for potential home buyers to consider when making their decision.
The median home cost in Irvington is $321,900. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Irvington is up 9.7%.
Average Age of Homes
- The median age of Irvington real estate is 64 years old
The Rental Market in Irvington
- Renters make up 56.6% of the Irvington population
- 2.0% of houses and apartments in Irvington, 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.