Housing in 07731 Howell, NJ is quite expensive, with a median value of $495,200. This is significantly higher than the US house median value of $338,100 and reflects a stark difference in housing markets. The US house appreciation rate is at 8.27%, but the appreciation rate in 07731 Howell, NJ is even higher at 11.40%. This suggests that investing in housing in this area could be a smart decision due to the high returns on investment.
The median home cost in Howell (zip 07731) is $495,200. Home appreciation the last 10 years has been 78.1%. Home Appreciation in Howell (zip 07731) is up 17.5%.
Average Age of Homes
- The median age of Howell (zip 07731) real estate is 34 years old
The Rental Market in Howell (zip 07731)
- Renters make up 10.1% of the Howell (zip 07731) population
- 0.5% of houses and apartments in Howell (zip 07731), 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.