Zip 08721 (Bayville, NJ) Housing

The housing market in Bayville, NJ (08721) has seen remarkable growth over the past year. The median value of a home is currently $429,500, significantly higher than the US median value of $338,100. This is also reflected in the 1 year house appreciation rate, which stands at 13.53%, much higher than the US average of 8.27%. As a result, many people are looking to purchase property in this area as it offers a strong return on investment and potential for further growth.

The median home cost in Bayville (zip 08721) is $429,500. Home appreciation the last 10 years has been 85.4%. Home Appreciation in Bayville (zip 08721) is up 19.0%.

Average Age of Homes

- The median age of Bayville (zip 08721) real estate is 35 years old

The Rental Market in Bayville (zip 08721)

- Renters make up 12.9% of the Bayville (zip 08721) population
- 0.0% of houses and apartments in Bayville (zip 08721), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Bayville, New Jersey	United States
	9,074.0	139,647,020.0
	37	42
	$429,500	$338,100
	19.0%	16.6%
	61.7%	57.0%
	85.4%	101.1%
	$20.95	$10.98
	$6,150	$2,690
	73.3%	57.4%
	13.4%	11.2%
	13.3%	31.4%
Vacant Housing
	0.0%	1.9%
	0.2%	0.4%
	0.8%	0.7%
	0.0%	0.4%
	8.0%	3.6%
	4.4%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	0.9%	2.4%
	0.1%	2.8%
	0.1%	3.9%
	0.0%	4.5%
	2.3%	11.3%
	9.2%	13.0%
	38.5%	20.1%
	23.7%	13.6%
	14.1%	8.3%
	8.6%	9.7%
	0.5%	3.9%
	0.9%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	18.3%	13.6%
	18.3%	13.6%
	15.0%	13.6%
	19.7%	13.2%
	19.1%	14.8%
	15.0%	13.6%
	6.9%	10.0%
	0.7%	4.7%
	5.4%	12.2%

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