Housing in West Orange, NJ is a desirable place to live. The median value of a home in West Orange is $529,000, which is significantly higher than the median US housing value of $338,100. Additionally, the 1-year appreciation rate for housing in West Orange has been 10.07%, which is higher than the national average of 8.27%. This makes West Orange an attractive option for those looking for a stable and growing real estate market.
The median home cost in West Orange is $529,000. Home appreciation the last 10 years has been 66.2%. Home Appreciation in West Orange is up 13.9%.
Average Age of Homes
- The median age of West Orange real estate is 59 years old
The Rental Market in West Orange
- Renters make up 30.0% of the West Orange population
- 1.1% of houses and apartments in West Orange, 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.