The housing market in 07006 Caldwell, NJ is currently thriving. The median value of homes in the area is $676,300, which is much higher than the US median value of $338,100. Furthermore, the one year appreciation rate for homes in 07006 Caldwell, NJ is 10.07%, which is higher than the national average of 8.27%. This indicates that there is a strong demand for housing in this area and that prices are likely to continue to rise over time.
The median home cost in Caldwell (zip 07006) is $676,300. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Caldwell (zip 07006) is up 13.9%.
Average Age of Homes
- The median age of Caldwell (zip 07006) real estate is 58 years old
The Rental Market in Caldwell (zip 07006)
- Renters make up 23.9% of the Caldwell (zip 07006) population
- 0.5% of houses and apartments in Caldwell (zip 07006), 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.