Pennsauken, NJ is an attractive place to buy a home due to its lower median value when compared to the United States house median value of $338,100. Furthermore, houses in Pennsauken have appreciated by 11.32% over the course of one year which is higher than the national 1 year appreciation rate of 8.27%. With the housing median in Pennsauken being $218,100, it is a great opportunity for potential homeowners looking for more affordable options with high return on investments.
The median home cost in Pennsauken is $218,100. Home appreciation the last 10 years has been 75.3%. Home Appreciation in Pennsauken is up 16.1%.
Average Age of Homes
- The median age of Pennsauken real estate is 61 years old
The Rental Market in Pennsauken
- Renters make up 20.3% of the Pennsauken population
- 1.4% of houses and apartments in Pennsauken, 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.