The housing market in 07628 Dumont, NJ is doing well with a median value of $470,900. This is significantly higher than the US house median value of $338,100. Furthermore, the US 1 year house appreciation was 8.27%, but in Dumont it was even higher at 10.32%. This is a great sign for potential buyers and investors in this area as the housing market continues to grow and appreciate.
The median home cost in Dumont (zip 07628) is $470,900. Home appreciation the last 10 years has been 52.1%. Home Appreciation in Dumont (zip 07628) is up 9.0%.
Average Age of Homes
- The median age of Dumont (zip 07628) real estate is 65 years old
The Rental Market in Dumont (zip 07628)
- Renters make up 29.2% of the Dumont (zip 07628) population
- 0.4% of houses and apartments in Dumont (zip 07628), 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.