The housing market in Mount Ephraim, NJ (08059) is thriving. The median value of homes in the area is $223,300, significantly lower than the US House Median Value of $338,100. This makes housing in Mount Ephraim very affordable compared to the national average. Furthermore, the area has seen a 15.62% increase in home values over the past year which is considerably higher than the national appreciation rate of 8.27%. This indicates that Mount Ephraim is a desirable location for potential buyers who want to take advantage of local economic growth and realize an impressive return on their investment.
The median home cost in Mount Ephraim (zip 08059) is $223,300. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Mount Ephraim (zip 08059) is up 18.1%.
Average Age of Homes
- The median age of Mount Ephraim (zip 08059) real estate is 63 years old
The Rental Market in Mount Ephraim (zip 08059)
- Renters make up 15.3% of the Mount Ephraim (zip 08059) population
- 0.0% of houses and apartments in Mount Ephraim (zip 08059), 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.