The housing market in Ocean, NJ County is thriving. The median value of homes there is $458,600, which is significantly higher than the national median value of $338,100. Furthermore, in the past year, the US house appreciation rate was 8.27%, while Ocean County鈥檚 was even higher at 11.37%. This indicates that Ocean County is an attractive destination for homeowners looking to purchase a property with high potential returns.
The median home cost in Ocean County is $458,600. Home appreciation the last 10 years has been 80.7%. Home Appreciation in Ocean County is up 18.8%.
Average Age of Homes
- The median age of Ocean County real estate is 38 years old
The Rental Market in Ocean County
- Renters make up 15.0% of the Ocean County population
- 0.5% of houses and apartments in Ocean County, 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.