The housing market in Port Elizabeth, NJ (08348) has seen higher-than-average appreciation over the past year, with a median value of $245,900 compared to the US median house value of $338,100. Over the past year, house values have appreciated by 10.41%, compared to 8.27% nationally. This trend of higher-than-average appreciation could be indicative of a strong market in the 08348 area.
The median home cost in Port Elizabeth (zip 08348) is $245,900. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Port Elizabeth (zip 08348) is up 17.5%.
Average Age of Homes
- The median age of Port Elizabeth (zip 08348) real estate is 76 years old
The Rental Market in Port Elizabeth (zip 08348)
- Renters make up 42.6% of the Port Elizabeth (zip 08348) population
- 0.0% of houses and apartments in Port Elizabeth (zip 08348), 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.