The housing market in Buena, NJ is thriving. The median value of a home in Buena stands at $270,200, which is significantly lower than the US House Median Value of $338,100. However, this difference in cost does not equate to lesser appreciation rates; In fact, the 1 year house appreciation rate in Buena is 10.41%, higher than the national level of 8.27%. This shows that investing in homes in Buena is a wise decision for future growth.
The median home cost in Buena is $270,200. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Buena is up 17.5%.
Average Age of Homes
- The median age of Buena real estate is 52 years old
The Rental Market in Buena
- Renters make up 36.5% of the Buena population
- 0.0% of houses and apartments in Buena, 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.