The housing market in Vineland-Bridgeton, NJ Metro Area is healthy and growing. The median value of homes in this area is $209,000, which is significantly lower than the US median of $338,100. This makes it an attractive option to buyers looking for more affordable options. Additionally, the 1 year house appreciation rate for the region has been 10.07%, higher than the national average of 8.27%. This indicates that homes are increasing in value at a faster pace than elsewhere in the country, making it a great investment for those looking to buy or sell property.
The median home cost in Vineland-Bridgeton Metro Area is $209,000. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Vineland-Bridgeton Metro Area is up 17.5%.
Average Age of Homes
- The median age of Vineland-Bridgeton Metro Area real estate is 50 years old
The Rental Market in Vineland-Bridgeton Metro Area
- Renters make up 30.0% of the Vineland-Bridgeton Metro Area population
- 1.6% of houses and apartments in Vineland-Bridgeton Metro Area, 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.