The housing market in 08619 Mercerville, NJ is certainly booming. The median value of a house in this area is $322,100, which is lower than the US median value of $338,100. However, the one year house appreciation rate for 08619 Mercerville has been significantly higher at 15.39% compared to the national average of 8.27%. This indicates that the housing market in this area is on an upswing and that it may be a great time to invest in real estate here.
The median home cost in Mercerville (zip 08619) is $322,100. Home appreciation the last 10 years has been 62.8%. Home Appreciation in Mercerville (zip 08619) is up 19.5%.
Average Age of Homes
- The median age of Mercerville (zip 08619) real estate is 47 years old
The Rental Market in Mercerville (zip 08619)
- Renters make up 27.1% of the Mercerville (zip 08619) population
- 1.1% of houses and apartments in Mercerville (zip 08619), 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.