The housing market in 08738 Mantoloking, NJ is incredibly strong. The median value of a house in this area is $1,820,200, significantly higher than the US median of $338,100. This discrepancy is even larger when looking at appreciation rate for homes over the past year; The US rate sits at 8.27% while homes in 08738 Mantoloking, NJ have appreciated by 13.53%. This indicates that investing in property in this area can be very lucrative if done right. With high and increasing home values and a great appreciation rate it's easy to see why investing in housing here would be attractive to many people.
The median home cost in Mantoloking (zip 08738) is $1,820,200. Home appreciation the last 10 years has been 85.4%. Home Appreciation in Mantoloking (zip 08738) is up 19.0%.
Average Age of Homes
- The median age of Mantoloking (zip 08738) real estate is 45 years old
The Rental Market in Mantoloking (zip 08738)
- Renters make up 1.3% of the Mantoloking (zip 08738) population
- 0.0% of houses and apartments in Mantoloking (zip 08738), 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.