The housing market in Jackson, NJ is very strong. The median value of housing in the area is an impressive $522,800, which is much higher than the US House Median Value of $338,100. Additionally, while US house appreciation over the past year was 8.27%, Jackson's appreciation was even higher at 16.61%. This means that those lucky enough to own a home in Jackson have seen an impressive increase in its value over the past year. With such high values and appreciation rates, it's no surprise that so many people are looking to purchase a home in this area.
The median home cost in Jackson is $522,800. Home appreciation the last 10 years has been 62.7%. Home Appreciation in Jackson is up 18.4%.
Average Age of Homes
- The median age of Jackson real estate is 28 years old
The Rental Market in Jackson
- Renters make up 13.4% of the Jackson population
- 0.3% of houses and apartments in Jackson, 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.