Zip 08723 (Brick, NJ) Housing

The housing market in 08723 Brick, NJ is very strong compared to the national average. According to estimates, the median value of homes in this area is $413,000, which is significantly higher than the US median home value of $338,100. The appreciation rate for homes in this region is also quite impressive; over the past year, homes have appreciated by 13.53%, while nationwide home values have increased by a much lower 8.27%. This indicates that investing in a home in 08723 Brick, NJ could be a sound financial decision.

The median home cost in Brick (zip 08723) is $413,000. Home appreciation the last 10 years has been 85.4%. Home Appreciation in Brick (zip 08723) is up 19.0%.

Average Age of Homes

- The median age of Brick (zip 08723) real estate is 43 years old

The Rental Market in Brick (zip 08723)

- Renters make up 17.4% of the Brick (zip 08723) population
- 1.0% of houses and apartments in Brick (zip 08723), 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	Brick, New Jersey	United States
	13,825.0	139,647,020.0
	45	42
	$413,000	$338,100
	19.0%	16.6%
	61.7%	57.0%
	85.4%	101.1%
	$19.72	$10.98
	$6,270	$2,690
	70.8%	57.4%
	8.5%	11.2%
	20.7%	31.4%
Vacant Housing
	1.0%	1.9%
	0.5%	0.4%
	0.6%	0.7%
	0.7%	0.4%
	4.1%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	0.6%	2.6%
	0.3%	2.4%
	0.3%	2.8%
	0.3%	3.9%
	0.6%	4.5%
	1.9%	11.3%
	8.7%	13.0%
	31.2%	20.1%
	34.2%	13.6%
	11.7%	8.3%
	8.0%	9.7%
	1.7%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.6%	0.2%
	4.6%	13.6%
	4.6%	13.6%
	13.4%	13.6%
	20.8%	13.2%
	17.1%	14.8%
	13.4%	13.6%
	15.9%	10.0%
	4.3%	4.7%
	3.4%	12.2%

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