The housing market in 07719 Belmar, NJ is doing quite well. According to the given data, the median value of homes in the area is $636,300, higher than the US median of $338,100. Additionally, the 1 year house appreciation rate in Belmar is 11.40%, which is significantly higher than the US average of 8.27%. This shows that home values are increasing at an accelerated rate in Belmar compared to other parts of the country, suggesting that it would be a good time to invest in property here.
The median home cost in Belmar (zip 07719) is $636,300. Home appreciation the last 10 years has been 78.1%. Home Appreciation in Belmar (zip 07719) is up 17.5%.
Average Age of Homes
- The median age of Belmar (zip 07719) real estate is 51 years old
The Rental Market in Belmar (zip 07719)
- Renters make up 25.3% of the Belmar (zip 07719) population
- 0.9% of houses and apartments in Belmar (zip 07719), 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.