Lower Alloways Creek, NJ is a desirable area for housing due to its median value of $278,500 which is significantly lower than the US House Median Value of $338,100. In addition, the 1 year house appreciation in Lower Alloways Creek is 15.62%, much higher than the 1 year appreciation rate of 8.27% nationwide. This makes Lower Alloways Creek a great choice for those looking for an easily affordable and quickly appreciating home.
The median home cost in Lower Alloways Creek is $278,500. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Lower Alloways Creek is up 18.1%.
Average Age of Homes
- The median age of Lower Alloways Creek real estate is 46 years old
The Rental Market in Lower Alloways Creek
- Renters make up 18.5% of the Lower Alloways Creek population
- 1.7% of houses and apartments in Lower Alloways Creek, 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.