The housing market in Wallington, NJ (zip code 07057) is thriving. The median value of houses in this area is $498,800, which is higher than the US median value of $338,100. Additionally, the house appreciation rate over the last year in Wallington has been 10.07%, significantly higher than the US one-year house appreciation rate of 8.27%. These figures indicate that Wallington's real estate market is a strong and desirable location for potential buyers looking for an investment or a new home.
The median home cost in Wallington (zip 07057) is $498,800. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Wallington (zip 07057) is up 13.9%.
Average Age of Homes
- The median age of Wallington (zip 07057) real estate is 63 years old
The Rental Market in Wallington (zip 07057)
- Renters make up 56.8% of the Wallington (zip 07057) population
- 0.6% of houses and apartments in Wallington (zip 07057), 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.