Housing in Annandale, NJ (08801) is very valuable. The median value of homes in this area is a whopping $508,400 which is 50% higher than the US median value of $338,100. This housing market has also seen an impressive 10.79% appreciation rate in the past year, which is significantly more than the 8.27% appreciation rate seen across the United States for this same period. This clearly demonstrates that Annandale, NJ is an excellent place to invest in real estate because of its high housing prices and strong growth potential.
The median home cost in Annandale (zip 08801) is $508,400. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Annandale (zip 08801) is up 15.1%.
Average Age of Homes
- The median age of Annandale (zip 08801) real estate is 33 years old
The Rental Market in Annandale (zip 08801)
- Renters make up 17.7% of the Annandale (zip 08801) population
- 0.8% of houses and apartments in Annandale (zip 08801), 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.