Washington township (Gloucester County), NJ is experiencing a higher-than-average appreciation rate in the housing market. The median value of its houses is currently $344,100, which is slightly higher than the US national median value of $338,100. In the past year, Washington township has seen an 8.27% increase in house values at a much faster rate than the national average of 1 year house appreciation of 8.27%. This indicates that Washington township is an attractive option for potential home buyers due to its strong housing market and rapid appreciation rate of 15.62%.
The median home cost in Washington township (Gloucester County) is $344,100. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Washington township (Gloucester County) is up 18.1%.
Average Age of Homes
- The median age of Washington township (Gloucester County) real estate is 35 years old
The Rental Market in Washington township (Gloucester County)
- Renters make up 16.7% of the Washington township (Gloucester County) population
- 0.7% of houses and apartments in Washington township (Gloucester County), 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.