The housing market in 08090 Oak Valley, NJ is performing well compared to the US as a whole. The median value of homes in this area is currently $282,100, which is lower than the US median value of $338,100. However, over the last year home appreciation in this area was 15.62%, higher than the US average appreciation rate of 8.27%. This suggests that although homes may be slightly less expensive here than the national average, they are likely to rise in value at a faster pace. This makes 08090 Oak Valley, NJ an attractive place for buyers looking for a good investment opportunity.
The median home cost in Oak Valley (zip 08090) is $282,100. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Oak Valley (zip 08090) is up 18.1%.
Average Age of Homes
- The median age of Oak Valley (zip 08090) real estate is 58 years old
The Rental Market in Oak Valley (zip 08090)
- Renters make up 8.8% of the Oak Valley (zip 08090) population
- 0.0% of houses and apartments in Oak Valley (zip 08090), 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.