Housing in 07838 Great Meadows, NJ is doing well. The median value for homes in the area is $378,000, which is higher than the US House Median Value of $338,100. Furthermore, the 1 year house appreciation in 07838 Great Meadows, NJ is 10.13%, which is higher than the national figure of 8.27%. This shows that housing values have been rising substantially in 07838 Great Meadows, NJ and continues to be on an upward trajectory.
The median home cost in Great Meadows (zip 07838) is $378,000. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Great Meadows (zip 07838) is up 14.2%.
Average Age of Homes
- The median age of Great Meadows (zip 07838) real estate is 33 years old
The Rental Market in Great Meadows (zip 07838)
- Renters make up 18.6% of the Great Meadows (zip 07838) population
- 0.0% of houses and apartments in Great Meadows (zip 07838), 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.