The housing market in 08323 Greenwich, NJ is thriving. The median value of a house in this area is $237,000 which is significantly lower than the US median value of $338,100. Additionally, the 1 year appreciation rate for housing in 08323 Greenwich, NJ is 10.41%, which is higher than the national average of 8.27%. This suggests that investing in the housing market here will be more fruitful than other areas nationally. Therefore, buying a home or making an investment in this area can be a wise decision for those looking to invest their money wisely.
The median home cost in Greenwich (zip 08323) is $237,000. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Greenwich (zip 08323) is up 17.5%.
Average Age of Homes
- The median age of Greenwich (zip 08323) real estate is 67 years old
The Rental Market in Greenwich (zip 08323)
- Renters make up 12.3% of the Greenwich (zip 08323) population
- 2.2% of houses and apartments in Greenwich (zip 08323), 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.