The housing market in Maplewood, NJ is quite robust. The median value of a home in the area is $730,200, which is significantly higher than the national median value of $338,100. Furthermore, over the past year, appreciation for housing in Maplewood has been at 10.07%, which is greater than the national average of 8.27%. This indicates that homes in Maplewood have been increasing in value faster than other areas and demonstrates why it may be an attractive place to buy or rent a residence.
The median home cost in Maplewood is $730,200. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Maplewood is up 13.9%.
Average Age of Homes
- The median age of Maplewood real estate is 78 years old
The Rental Market in Maplewood
- Renters make up 20.5% of the Maplewood population
- 1.7% of houses and apartments in Maplewood, 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.