The housing market in Pitman, NJ is performing exceptionally well, with the median value of $260,600 being significantly lower than the national median value of $338,100. Houses in the area have appreciated 15.62% over the last year, far higher than the national increase of 8.27%. This indicates that Pitman is a desirable and affordable place to live and that its real estate market is booming.
The median home cost in Pitman is $260,600. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Pitman is up 18.1%.
Average Age of Homes
- The median age of Pitman real estate is 67 years old
The Rental Market in Pitman
- Renters make up 25.4% of the Pitman population
- 0.6% of houses and apartments in Pitman, 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.