Kearny, NJ is an attractive place to live due to the high median value of housing at $461,100. This number is significantly higher than the national house median of $338,100 and the 1 year appreciation rate in Kearny is 10.07%, which is well above the US 1 year appreciation of 8.27%. These factors make living in Kearny quite desirable and a great investment for potential home buyers.
The median home cost in Kearny is $461,100. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Kearny is up 13.9%.
Average Age of Homes
- The median age of Kearny real estate is 74 years old
The Rental Market in Kearny
- Renters make up 51.1% of the Kearny population
- 1.4% of houses and apartments in Kearny, 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.