The housing market in Glassboro, NJ (08028) is flourishing. The median value of a house in Glassboro is $287,300, which is significantly lower than the US median at $338,100. However, the appreciation rate in Glassboro is much higher than the national average. In the past year alone, house values have appreciated by 15.62%, compared to only 8.27% nationally. Despite being lower than other areas initially, houses in Glassboro are rapidly increasing in value as more and more people flock to this desirable area of New Jersey.
The median home cost in Glassboro (zip 08028) is $287,300. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Glassboro (zip 08028) is up 18.1%.
Average Age of Homes
- The median age of Glassboro (zip 08028) real estate is 39 years old
The Rental Market in Glassboro (zip 08028)
- Renters make up 27.5% of the Glassboro (zip 08028) population
- 2.3% of houses and apartments in Glassboro (zip 08028), 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.