Upper Deerfield, NJ is an area with a strong housing market. The median value of housing in the area is $261,100, which is significantly lower than the national median value of $338,100. However, what makes Upper Deerfield stand out from other areas is its 1-year house appreciation rate of 10.41%, which is higher than the national rate of 8.27%. This means that homes in Upper Deerfield have increased in value more quickly over the past year compared to the rest of the country. In addition to this strong appreciation rate, Upper Deerfield has an abundance of resources and amenities that make it attractive to potential buyers.
The median home cost in Upper Deerfield is $261,100. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Upper Deerfield is up 17.5%.
Average Age of Homes
- The median age of Upper Deerfield real estate is 45 years old
The Rental Market in Upper Deerfield
- Renters make up 21.6% of the Upper Deerfield population
- 1.7% of houses and apartments in Upper Deerfield, 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.