Port Monmouth, NJ is known for having a strong housing market. The median value of homes in Port Monmouth is $349,400, which is higher than the national median of $338,100. Additionally, the 1 year house appreciation rate in Port Monmouth is 11.40%, which outpaces the national appreciation rate of 8.27%. This makes it an attractive place to invest in housing and provides its residents with a great opportunity to build equity over time.
The median home cost in Port Monmouth is $349,400. Home appreciation the last 10 years has been 78.1%. Home Appreciation in Port Monmouth is up 17.5%.
Average Age of Homes
- The median age of Port Monmouth real estate is 59 years old
The Rental Market in Port Monmouth
- Renters make up 22.6% of the Port Monmouth population
- 0.0% of houses and apartments in Port Monmouth, 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.