Zip 08558 (Skillman, NJ) Housing


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The housing market in 08558 Skillman, NJ is booming! The median value of homes in the area is $806,200, a staggering amount compared to the US median house value of $338,100. Furthermore, the 1 year appreciation rate for houses in this area is 16.62%, nearly twice the national average of 8.27%. This data demonstrates that Skillman is an attractive place to invest in property and own a home.

The median home cost in Skillman (zip 08558) is $806,200. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Skillman (zip 08558) is up 18.4%.

Average Age of Homes
- The median age of Skillman (zip 08558) real estate is 23 years old
The Rental Market in Skillman (zip 08558)
- Renters make up 13.2% of the Skillman (zip 08558) population
- 0.0% of houses and apartments in Skillman (zip 08558), 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingSkillman, New JerseyUnited States
  2,771.0139,647,020.0
  2842
  $806,200$338,100
  18.4%16.6%
  45.9%57.0%
  62.6%101.1%
  $22.01$10.98
  $10,001$2,690
  79.1%57.4%
  5.8%11.2%
  15.1%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  0.0%3.6%
  5.8%4.1%
  Value of Owner-Occupied Housing
  0.6%2.6%
  0.0%2.4%
  0.0%2.8%
  0.0%3.9%
  0.0%4.5%
  1.9%11.3%
  0.0%13.0%
  2.6%20.1%
  6.9%13.6%
  8.4%8.3%
  38.2%9.7%
  24.1%3.9%
  15.8%2.2%
  0.7%0.8%
  0.5%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  20.9%13.6%
  20.9%13.6%
  25.0%13.6%
  13.4%13.2%
  6.7%14.8%
  25.0%13.6%
  2.9%10.0%
  0.0%4.7%
  11.6%12.2%
Commute

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