The housing market in 07065 Rahway, NJ is significantly higher than the US house median value. According to the given information, the housing median value in Rahway is $418,700 while the US house median value is only $338,100. In addition, there has been a 1 year House Appreciation of 10.07% in Rahway whereas it is only 8.27% for the entire US. This means that those who live in and invest in properties in Rahway have seen greater returns compared to other locations across the country. With growth continuing at such a high rate, it's clear that Rahway is an attractive place for anyone looking to buy or rent a property.
The median home cost in Rahway (zip 07065) is $418,700. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Rahway (zip 07065) is up 13.9%.
Average Age of Homes
- The median age of Rahway (zip 07065) real estate is 60 years old
The Rental Market in Rahway (zip 07065)
- Renters make up 37.4% of the Rahway (zip 07065) population
- 1.9% of houses and apartments in Rahway (zip 07065), 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.