Zip 07874 (Stanhope, NJ) Housing

Housing in 07874 Stanhope, NJ is a great investment. The median value of housing in the area is $339,900, which is slightly higher than the US median value of $338,100. Furthermore, house appreciation for Stanhope over the past year was 10.13%, higher than the US average of 8.27%. With these figures in mind, it is clear that investing in real estate in Stanhope is a smart decision.

The median home cost in Stanhope (zip 07874) is $339,900. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Stanhope (zip 07874) is up 14.2%.

Average Age of Homes

- The median age of Stanhope (zip 07874) real estate is 44 years old

The Rental Market in Stanhope (zip 07874)

- Renters make up 9.0% of the Stanhope (zip 07874) population
- 0.0% of houses and apartments in Stanhope (zip 07874), 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	Stanhope, New Jersey	United States
	3,212.0	139,647,020.0
	50	42
	$339,900	$338,100
	14.2%	16.6%
	45.7%	57.0%
	56.2%	101.1%
	$29.48	$10.98
	$7,841	$2,690
	85.0%	57.4%
	3.8%	11.2%
	11.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.9%	3.6%
	1.9%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	1.3%	2.4%
	0.2%	2.8%
	0.1%	3.9%
	0.3%	4.5%
	6.0%	11.3%
	14.0%	13.0%
	45.5%	20.1%
	26.3%	13.6%
	4.7%	8.3%
	0.8%	9.7%
	0.5%	3.9%
	0.0%	2.2%
	0.3%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.2%	13.6%
	4.2%	13.6%
	3.7%	13.6%
	12.4%	13.2%
	30.3%	14.8%
	3.7%	13.6%
	16.3%	10.0%
	3.9%	4.7%
	9.5%	12.2%

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