The housing market in Spotswood, NJ (08844) is booming. The median value of homes in this area is currently $405,400, significantly higher than the US median value of $338,100. In addition, the appreciation of homes in Spotswood over the past year has been 10.79%, nearly 2.5% higher than the US average of 8.27%. This reveals that Spotswood is a great place to invest in real estate and that it is a desirable place for people to live.
The median home cost in Spotswood (zip 08884) is $405,400. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Spotswood (zip 08884) is up 15.1%.
Average Age of Homes
- The median age of Spotswood (zip 08884) real estate is 52 years old
The Rental Market in Spotswood (zip 08884)
- Renters make up 13.6% of the Spotswood (zip 08884) population
- 0.0% of houses and apartments in Spotswood (zip 08884), 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.