The housing market in Edison, NJ (08817) is a strong one, with the median value of homes at $417,800 - higher than the US median of $338,100. Over the past year, home appreciation has been higher in Edison than the national average of 8.27%, clocking in at 10.79%. This is indicative of a thriving housing market and shows that property values are likely to remain high for some time.
The median home cost in Edison (zip 08817) is $417,800. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Edison (zip 08817) is up 15.1%.
Average Age of Homes
- The median age of Edison (zip 08817) real estate is 49 years old
The Rental Market in Edison (zip 08817)
- Renters make up 41.4% of the Edison (zip 08817) population
- 1.6% of houses and apartments in Edison (zip 08817), 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.