The housing market in 08248 Strathmere, NJ has been booming. The median value of a home is an impressive $1,211,100, significantly higher than the median value of a home in the United States which is $338,100. Furthermore, the one year house appreciation in Strathmere is 16.42%, more than double that of the US with 8.27%. This indicates that Strathmere's housing market is very strong and stable and presents a great opportunity for potential home buyers looking for value or current homeowners looking to reap the rewards of a thriving real estate sector.
The median home cost in Strathmere (zip 08248) is $1,211,100. Home appreciation the last 10 years has been 70.7%. Home Appreciation in Strathmere (zip 08248) is up 20.3%.
Average Age of Homes
- The median age of Strathmere (zip 08248) real estate is 45 years old
The Rental Market in Strathmere (zip 08248)
- Renters make up 0.0% of the Strathmere (zip 08248) population
- 5.3% of houses and apartments in Strathmere (zip 08248), 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.