The housing in 08865 Phillipsburg, NJ is an attractive option for any potential homeowner. With a median value of $263,600, it is much lower than the US House Median Value of $338,100. The 1 year House Appreciation rate for the US is 8.27%, while the House 1 year appreciation rate in 08865 Phillipsburg, NJ has been 10.79%. This makes it a great choice for those looking to invest in real estate and reap the rewards of a strong housing market.
The median home cost in Phillipsburg (zip 08865) is $263,600. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Phillipsburg (zip 08865) is up 15.1%.
Average Age of Homes
- The median age of Phillipsburg (zip 08865) real estate is 63 years old
The Rental Market in Phillipsburg (zip 08865)
- Renters make up 30.7% of the Phillipsburg (zip 08865) population
- 0.9% of houses and apartments in Phillipsburg (zip 08865), 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.