Mount Hope, NJ Housing

The housing market in Mount Hope, NJ is currently very strong. The median value of a home in Mount Hope is $379,200, significantly higher than the U.S. median value of $338,100. In addition to that, the appreciation rate for a house in Mount Hope is 14.20%, much higher than the U.S average 1 year appreciation rate of 8.27%. This indicates that investing in real estate in this area could be very profitable and lead to substantial returns on investment.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Mount Hope, New Jersey	United States
	1,719.0	139,647,020.0
	26	42
	$379,200	$338,100
	14.2%	16.6%
	45.7%	57.0%
	56.2%	101.1%
	$24.87	$10.98
	$7,962	$2,690
	75.4%	57.4%
	10.4%	11.2%
	14.3%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	3.1%	3.6%
	7.2%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	22.0%	13.0%
	22.3%	20.1%
	28.4%	13.6%
	22.0%	8.3%
	4.6%	9.7%
	0.8%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	34.5%	13.6%
	34.5%	13.6%
	7.5%	13.6%
	11.3%	13.2%
	13.6%	14.8%
	7.5%	13.6%
	8.3%	10.0%
	1.9%	4.7%
	4.9%	12.2%