Zip 08031 (Bellmawr, NJ) Housing

The housing market in 08031 Bellmawr, NJ is quite strong, as evidenced by the median house value of $239,100. This is significantly lower than the US median house value of $338,100; however, it has appreciated quickly over the past year - 15.62%, which is much higher than the US average of 8.27%. This indicates a stable and flourishing housing market in Bellmawr, and suggests that now may be a good time for people to consider investing in this area.

The median home cost in Bellmawr (zip 08031) is $239,100. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Bellmawr (zip 08031) is up 18.1%.

Average Age of Homes

- The median age of Bellmawr (zip 08031) real estate is 60 years old

The Rental Market in Bellmawr (zip 08031)

- Renters make up 32.2% of the Bellmawr (zip 08031) population
- 1.3% of houses and apartments in Bellmawr (zip 08031), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Bellmawr, New Jersey	United States
	5,043.0	139,647,020.0
	62	42
	$239,100	$338,100
	18.1%	16.6%
	57.0%	57.0%
	69.6%	101.1%
	$37.78	$10.98
	$6,596	$2,690
	58.2%	57.4%
	6.9%	11.2%
	34.9%	31.4%
Vacant Housing
	1.3%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	5.6%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	0.0%	2.4%
	0.4%	2.8%
	0.6%	3.9%
	2.4%	4.5%
	18.7%	11.3%
	44.2%	13.0%
	24.7%	20.1%
	5.6%	13.6%
	0.0%	8.3%
	0.8%	9.7%
	0.5%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.9%	13.6%
	1.9%	13.6%
	2.5%	13.6%
	3.0%	13.2%
	8.0%	14.8%
	2.5%	13.6%
	27.6%	10.0%
	16.9%	4.7%
	8.7%	12.2%

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