Housing in Watchung, NJ is significantly higher than the national median value, with an average of $828,400. Furthermore, the 1 year house appreciation for homes in Watchung, NJ has been higher than the national average, at 10.07%, compared to 8.27%. This indicates that home values are increasing in Watchung faster than they are nationally, making it a great option for potential home buyers.
The median home cost in Watchung is $828,400. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Watchung is up 13.9%.
Average Age of Homes
- The median age of Watchung real estate is 43 years old
The Rental Market in Watchung
- Renters make up 13.2% of the Watchung population
- 0.0% of houses and apartments in Watchung, 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.