The housing market in 08077 Riverton, NJ is particularly strong, with a median value of $359,800 which is higher than the US house median value of $338,100. This indicates that homes in this area are both more expensive and more desirable than the national average. In the past year, the appreciation rate for houses in 08077 Riverton, NJ has been 15.62%, significantly higher than the 8.27% appreciation rate seen nationally. With such an impressive appreciation rate and relatively high median value of homes, it seems clear that housing in 08077 Riverton is doing extremely well and an excellent investment opportunity for potential buyers.
The median home cost in Riverton (zip 08077) is $359,800. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Riverton (zip 08077) is up 18.1%.
Average Age of Homes
- The median age of Riverton (zip 08077) real estate is 53 years old
The Rental Market in Riverton (zip 08077)
- Renters make up 11.3% of the Riverton (zip 08077) population
- 0.8% of houses and apartments in Riverton (zip 08077), 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.