Asbury Park, NJ (07712) is an economically diverse area with a median housing value of $585,800, which is slightly higher than the US House median value of $338,100. The US 1 year house appreciation rate was 8.27%, while house appreciation in Asbury Park during the same period was 11.40%. This suggests that the area has been experiencing significant growth in housing values over the past year and will likely remain a desirable place to live and invest in real estate for years to come.
The median home cost in Asbury Park (zip 07712) is $585,800. Home appreciation the last 10 years has been 78.1%. Home Appreciation in Asbury Park (zip 07712) is up 17.5%.
Average Age of Homes
- The median age of Asbury Park (zip 07712) real estate is 49 years old
The Rental Market in Asbury Park (zip 07712)
- Renters make up 49.8% of the Asbury Park (zip 07712) population
- 2.2% of houses and apartments in Asbury Park (zip 07712), 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.