The housing market in 07033 Kenilworth, NJ is quite robust. The median value of housing in this area is $469,000 which is substantially higher than the US average median value of $338,100. Along with the higher median value comes a greater appreciation rate for homes. The US house appreciation rate over the past year was 8.27%, while in Kenilworth it was 10.07%. This indicates that houses in Kenilworth are gaining more equity and increasing in value faster than the national average.
The median home cost in Kenilworth (zip 07033) is $469,000. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Kenilworth (zip 07033) is up 13.9%.
Average Age of Homes
- The median age of Kenilworth (zip 07033) real estate is 62 years old
The Rental Market in Kenilworth (zip 07033)
- Renters make up 17.8% of the Kenilworth (zip 07033) population
- 2.0% of houses and apartments in Kenilworth (zip 07033), 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.