The housing market in Woodland Park, NJ is quite strong. The median value for a house in Woodland Park is $492,800, which is significantly higher than the US median of $338,100. In the last year, the appreciation rate for houses in Woodland Park was 7.57%, slightly lower than the US rate of 8.27%. This shows that demand for housing in Woodland Park has remained steady and prices are still on the rise.
The median home cost in Woodland Park is $492,800. Home appreciation the last 10 years has been 51.6%. Home Appreciation in Woodland Park is up 12.7%.
Average Age of Homes
- The median age of Woodland Park real estate is 52 years old
The Rental Market in Woodland Park
- Renters make up 36.3% of the Woodland Park population
- 0.0% of houses and apartments in Woodland Park, 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.