Zip 08406 (Ventnor City, NJ) Housing

The housing market in 08406 Ventnor City, NJ is thriving. The median value of homes in the area is $428,400 which is significantly higher than the US median value of $338,100. Furthermore, over the past year, house appreciation has been very positive in Ventnor City with a 16.77% growth compared to 8.27% for the US as a whole. This makes Ventnor City an attractive place for potential homeowners and investors alike as prices are rising quickly yet remain affordable relative to other areas.

The median home cost in Ventnor City (zip 08406) is $428,400. Home appreciation the last 10 years has been 60.3%. Home Appreciation in Ventnor City (zip 08406) is up 18.3%.

Average Age of Homes

- The median age of Ventnor City (zip 08406) real estate is 56 years old

The Rental Market in Ventnor City (zip 08406)

- Renters make up 22.7% of the Ventnor City (zip 08406) population
- 1.2% of houses and apartments in Ventnor City (zip 08406), 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

Housing	Ventnor City, New Jersey	United States
	7,642.0	139,647,020.0
	61	42
	$428,400	$338,100
	18.3%	16.6%
	66.4%	57.0%
	60.3%	101.1%
	$24.04	$10.98
	$6,370	$2,690
	35.9%	57.4%
	44.5%	11.2%
	19.6%	31.4%
Vacant Housing
	1.2%	1.9%
	0.0%	0.4%
	1.1%	0.7%
	0.5%	0.4%
	37.1%	3.6%
	4.6%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	1.6%	2.4%
	0.2%	2.8%
	1.6%	3.9%
	2.4%	4.5%
	6.8%	11.3%
	7.5%	13.0%
	40.1%	20.1%
	18.6%	13.6%
	8.3%	8.3%
	5.0%	9.7%
	3.0%	3.9%
	1.4%	2.2%
	1.6%	0.8%
	1.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.1%	13.6%
	2.1%	13.6%
	3.0%	13.6%
	7.9%	13.2%
	14.0%	14.8%
	3.0%	13.6%
	8.5%	10.0%
	9.5%	4.7%
	31.2%	12.2%

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