Zip 08732 (Island Heights, NJ) Housing

The housing market in 08732 Island Heights, NJ is doing well. The median value of houses in this area is $547,500, which is significantly higher than the US median value of $338,100. Furthermore, the one year house appreciation rate for this area is 13.53%, which is much higher than the US one year appreciation rate of 8.27%. These figures demonstrate that 08732 Island Heights, NJ has a strong housing market and potential buyers should take advantage of this opportunity.

The median home cost in Island Heights (zip 08732) is $547,500. Home appreciation the last 10 years has been 85.4%. Home Appreciation in Island Heights (zip 08732) is up 19.0%.

Average Age of Homes

- The median age of Island Heights (zip 08732) real estate is 68 years old

The Rental Market in Island Heights (zip 08732)

- Renters make up 10.0% of the Island Heights (zip 08732) population
- 0.4% of houses and apartments in Island Heights (zip 08732), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Island Heights, New Jersey	United States
	773.0	139,647,020.0
	70	42
	$547,500	$338,100
	19.0%	16.6%
	61.7%	57.0%
	85.4%	101.1%
	$16.28	$10.98
	$6,992	$2,690
	77.4%	57.4%
	14.1%	11.2%
	8.5%	31.4%
Vacant Housing
	0.4%	1.9%
	0.0%	0.4%
	0.9%	0.7%
	0.0%	0.4%
	10.5%	3.6%
	2.3%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.7%	3.9%
	0.0%	4.5%
	1.2%	11.3%
	1.2%	13.0%
	19.6%	20.1%
	22.7%	13.6%
	15.9%	8.3%
	30.1%	9.7%
	5.0%	3.9%
	2.5%	2.2%
	0.0%	0.8%
	1.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.2%	13.6%
	8.2%	13.6%
	7.6%	13.6%
	11.6%	13.2%
	8.2%	14.8%
	7.6%	13.6%
	11.1%	10.0%
	6.6%	4.7%
	41.9%	12.2%

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