Port Republic, NJ is a great place to invest in housing. With a median value of $328,900, it is slightly lower than the US median of $338,100. However, what sets Port Republic apart from other areas is its 1 year house appreciation rate of 16.42%, which is significantly higher than the US rate of 8.27%. This makes housing in Port Republic a great option for anyone looking to invest in the real estate market.
The median home cost in Port Republic is $328,900. Home appreciation the last 10 years has been 70.7%. Home Appreciation in Port Republic is up 20.3%.
Average Age of Homes
- The median age of Port Republic real estate is 41 years old
The Rental Market in Port Republic
- Renters make up 9.8% of the Port Republic population
- 0.0% of houses and apartments in Port Republic, 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.