Housing in 08205 Absecon, NJ is booming! The median value for a home in this area is $282,300 which is much lower than the US house median value of $338,100. In the last year, house appreciation nationally has been at 8.27%, however, here in 08205 Absecon, NJ it has been a whopping 16.42%. This makes 08205 Absecon, NJ an attractive place to buy or invest in real estate and shows that housing values are steadily increasing in this region.
The median home cost in Absecon (zip 08205) is $282,300. Home appreciation the last 10 years has been 70.7%. Home Appreciation in Absecon (zip 08205) is up 20.3%.
Average Age of Homes
- The median age of Absecon (zip 08205) real estate is 31 years old
The Rental Market in Absecon (zip 08205)
- Renters make up 23.7% of the Absecon (zip 08205) population
- 1.4% of houses and apartments in Absecon (zip 08205), 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.