Longport, NJ (08403) is a desirable area for housing with a median value of $1,050,900. This is significantly more than the US House Median Value of $338,100 and reflects the growing demand for property in this area. In addition to its high value, Longport has also seen an impressive rate of appreciation over the last year, at 16.77%, compared to the 8.27% appreciation rate across the US as a whole. With its high demand and strong appreciation rates, Longport is definitely an attractive option for real estate investments.
The median home cost in Longport (zip 08403) is $1,050,900. Home appreciation the last 10 years has been 60.3%. Home Appreciation in Longport (zip 08403) is up 18.3%.
Average Age of Homes
- The median age of Longport (zip 08403) real estate is 45 years old
The Rental Market in Longport (zip 08403)
- Renters make up 3.6% of the Longport (zip 08403) population
- 0.4% of houses and apartments in Longport (zip 08403), 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.