Ramsey, NJ is a great place to live with a median housing value of $623,800. This puts it significantly higher than the US house median value of $338,100, and the 1 year appreciation rate for houses in Ramsey is 7.56%, slightly lower than the national appreciation rate of 8.27%. With its high median value and relative affordability it definitely makes Ramsey an attractive market for those looking to purchase a home.
The median home cost in Ramsey is $623,800. Home appreciation the last 10 years has been 51.6%. Home Appreciation in Ramsey is up 12.7%.
Average Age of Homes
- The median age of Ramsey real estate is 50 years old
The Rental Market in Ramsey
- Renters make up 12.0% of the Ramsey population
- 0.8% of houses and apartments in Ramsey, 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.