The housing in 07109 Belleville, NJ is doing well compared to the US median value. The median house value is $388,400, which is higher than the US median of $338,100. The US 1 year house appreciation rate is 8.27%, whereas the house appreciation rate in 07109 Belleville, NJ over the last year was 13.15%. This higher rate shows that the housing market in this area has seen some strong growth over the past year.
The median home cost in Belleville (zip 07109) is $388,400. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Belleville (zip 07109) is up 9.7%.
Average Age of Homes
- The median age of Belleville (zip 07109) real estate is 64 years old
The Rental Market in Belleville (zip 07109)
- Renters make up 43.4% of the Belleville (zip 07109) population
- 0.8% of houses and apartments in Belleville (zip 07109), 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.