Housing in 08861 Perth Amboy, NJ has seen a greater appreciation rate than the national average. The median value for housing in this area is $379,600, which is significantly higher than the US House median value of $338,100. This area has shown an impressive 1 year house appreciation rate of 10.79%, compared to the US average 8.27%. With rising property values and a strong appreciation rate, Perth Amboy is an attractive option for those looking to buy or invest in real estate.
The median home cost in Perth Amboy (zip 08861) is $379,600. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Perth Amboy (zip 08861) is up 15.1%.
Average Age of Homes
- The median age of Perth Amboy (zip 08861) real estate is 60 years old
The Rental Market in Perth Amboy (zip 08861)
- Renters make up 60.6% of the Perth Amboy (zip 08861) population
- 1.6% of houses and apartments in Perth Amboy (zip 08861), 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.