The housing market in 08201 Absecon, NJ is a strong one. The median value currently sits at $258,600, which is significantly lower than the US house median value of $338,100. However, the appreciation rate of Absecon real estate has been much higher with 16.42% over the last year compared to the US average of 8.27%. It's no surprise that this area is becoming an increasingly popular place to buy a home. With its lower median value and higher appreciation rate, now could be a great time to invest in 08201 Absecon, NJ real estate.
The median home cost in Absecon (zip 08201) is $258,600. Home appreciation the last 10 years has been 70.7%. Home Appreciation in Absecon (zip 08201) is up 20.3%.
Average Age of Homes
- The median age of Absecon (zip 08201) real estate is 45 years old
The Rental Market in Absecon (zip 08201)
- Renters make up 29.0% of the Absecon (zip 08201) population
- 0.9% of houses and apartments in Absecon (zip 08201), 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.