The housing market in Monmouth Junction, NJ (08852) is doing quite well. The median value of a house there is $519,800, which is much higher than the US median value of $338,100. In addition, it has experienced a 10.79% 1-year appreciation rate, which is significantly higher than the 8.27% national average. This indicates that Monmouth Junction is an attractive place for people looking to invest in real estate or buy a home as its appreciation rate and housing values are both higher than the national averages.
The median home cost in Monmouth Junction (zip 08852) is $519,800. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Monmouth Junction (zip 08852) is up 15.1%.
Average Age of Homes
- The median age of Monmouth Junction (zip 08852) real estate is 29 years old
The Rental Market in Monmouth Junction (zip 08852)
- Renters make up 33.8% of the Monmouth Junction (zip 08852) population
- 0.0% of houses and apartments in Monmouth Junction (zip 08852), 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.