Pequannock, NJ is a great place to live with a median housing value of $532,300. This is significantly higher than the US house median value of $338,100, showing that Pequannock housing is in high demand. In addition to the high value, the 1 year house appreciation in Pequannock was 7.56%, which is only slightly lower than the US 1 year house appreciation of 8.27%. This suggests that investing in real estate in Pequannock could be a wise choice for those looking to build wealth over time.
The median home cost in Pequannock is $532,300. Home appreciation the last 10 years has been 51.6%. Home Appreciation in Pequannock is up 12.7%.
Average Age of Homes
- The median age of Pequannock real estate is 51 years old
The Rental Market in Pequannock
- Renters make up 18.5% of the Pequannock population
- 0.0% of houses and apartments in Pequannock, 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.