The housing market in Mount Arlington, NJ is thriving, with the median value estimated at $415,900. This is significantly higher than the US House median value of $338,100. The US 1 year house appreciation rate is 8.27%, however, Mount Arlington has seen an even greater appreciation rate of 10.13% in the same period of time. This remarkable appreciation trend makes it a desirable place to live and invest for those looking to buy or rent a house in this area.
The median home cost in Mount Arlington is $415,900. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Mount Arlington is up 14.2%.
Average Age of Homes
- The median age of Mount Arlington real estate is 39 years old
The Rental Market in Mount Arlington
- Renters make up 18.5% of the Mount Arlington population
- 5.8% of houses and apartments in Mount Arlington, 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.