Merchantville, New Jersey is a great place to live with an attractive median housing value of $251,200. This is lower than the US House Median Value of $338,100, however it has seen a significantly greater appreciation rate in the past year at 11.32%, compared to the 8.27% national average. With such an affordable and rapidly appreciating housing market, Merchantville is an ideal place for homebuyers looking to invest in the area.
The median home cost in Merchantville is $251,200. Home appreciation the last 10 years has been 75.3%. Home Appreciation in Merchantville is up 16.1%.
Average Age of Homes
- The median age of Merchantville real estate is 75 years old
The Rental Market in Merchantville
- Renters make up 39.8% of the Merchantville population
- 0.0% of houses and apartments in Merchantville, 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.