The housing market in Alpine, NJ (07620) is thriving with a median value of $2,433,500. This is significantly higher than the US house median value of $338,100 and reflects the strength of the local real estate market. In the last year alone the value of homes in Alpine have grown by 10.32% further outstripping the national 1-year house appreciation rate of 8.27%. Clearly this makes Alpine a desirable place to invest in real estate and a strong choice for those looking to buy or rent property.
The median home cost in Alpine (zip 07620) is $2,433,500. Home appreciation the last 10 years has been 52.1%. Home Appreciation in Alpine (zip 07620) is up 9.0%.
Average Age of Homes
- The median age of Alpine (zip 07620) real estate is 38 years old
The Rental Market in Alpine (zip 07620)
- Renters make up 10.1% of the Alpine (zip 07620) population
- 0.0% of houses and apartments in Alpine (zip 07620), 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.