The housing market in Sussex, NJ County is thriving, with a median value of $342,200. This figure is slightly higher than the US median value of $338,100. Furthermore, over the past year there has been an appreciation of 10.09%, compared to the 8.27% appreciation seen across the country. With great value and excellent growth potential, this county remains a desirable place to own property for those looking for an ideal location to call home.
The median home cost in Sussex County is $342,200. Home appreciation the last 10 years has been 54.5%. Home Appreciation in Sussex County is up 13.6%.
Average Age of Homes
- The median age of Sussex County real estate is 44 years old
The Rental Market in Sussex County
- Renters make up 13.9% of the Sussex County population
- 1.4% of houses and apartments in Sussex 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.