The housing market in 07621 Bergenfield, NJ is booming. The median value of homes in the area is currently $487,800, which is significantly higher than the US house median value of $338,100. This demonstrates a strong housing market in this location. Furthermore, the 1 year appreciation rate for homes in 07621 Bergenfield, NJ is 10.32%, which is higher than the national average of 8.27%. This indicates that there is an even greater demand for housing in this area and that it will remain a desirable place to live.
The median home cost in Bergenfield (zip 07621) is $487,800. Home appreciation the last 10 years has been 52.1%. Home Appreciation in Bergenfield (zip 07621) is up 9.0%.
Average Age of Homes
- The median age of Bergenfield (zip 07621) real estate is 64 years old
The Rental Market in Bergenfield (zip 07621)
- Renters make up 30.6% of the Bergenfield (zip 07621) population
- 0.4% of houses and apartments in Bergenfield (zip 07621), 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.