The housing market in 08022 Columbus, NJ is particularly strong. The median value for homes in the area is $412,800, which is significantly higher than the U.S. house median of $338,100. This difference is even more pronounced when looking at appreciation rates; over the past year house values have increased by 15.62% in 08022 Columbus, NJ compared to 8.27% for the nation as a whole. It's clear that 08022 Columbus, NJ is an incredibly desirable place to live and the demand for housing has been reflected in a higher than average house appreciation rate and a higher median home value than what we see nationally.
The median home cost in Columbus (zip 08022) is $412,800. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Columbus (zip 08022) is up 18.1%.
Average Age of Homes
- The median age of Columbus (zip 08022) real estate is 21 years old
The Rental Market in Columbus (zip 08022)
- Renters make up 1.7% of the Columbus (zip 08022) population
- 1.0% of houses and apartments in Columbus (zip 08022), 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.