The housing market in Wallington, NJ is flourishing with a median value of $487,300, which is significantly higher than the US house median value of $338,100. Furthermore, the one year house appreciation rate in Wallington is 10.07%, compared to 8.27% for the rest of the country. This indicates that real estate prices in Wallington are growing at a rapid rate and it appears to be a great opportunity for potential buyers to invest in this area.
The median home cost in Wallington is $487,300. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Wallington is up 13.9%.
Average Age of Homes
- The median age of Wallington real estate is 63 years old
The Rental Market in Wallington
- Renters make up 56.8% of the Wallington population
- 0.6% of houses and apartments in Wallington, 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.