The housing market in 08825 Frenchtown, NJ is booming. The median value for a home is $450,200 – significantly higher than the US median value of $338,100. What’s more, the 1 year house appreciation rate in Frenchtown is 10.79%, much higher than the US average of 8.27%. Clearly this area has become a desirable destination for those looking to invest in property and it’s showing no signs of slowing down.
The median home cost in Frenchtown (zip 08825) is $450,200. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Frenchtown (zip 08825) is up 15.1%.
Average Age of Homes
- The median age of Frenchtown (zip 08825) real estate is 66 years old
The Rental Market in Frenchtown (zip 08825)
- Renters make up 15.4% of the Frenchtown (zip 08825) population
- 0.0% of houses and apartments in Frenchtown (zip 08825), 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.