The housing market in 08015 Browns Mills, NJ is quite robust. The median value of houses in the area is $236,700, comparatively lower than the US house median value of $338,100. However, it does have a higher 1 year house appreciation at 15.62%, compared to the US's 8.27%. This is a sign that the housing market in Browns Mills has a lot of potential for growth and investment.
The median home cost in Browns Mills (zip 08015) is $236,700. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Browns Mills (zip 08015) is up 18.1%.
Average Age of Homes
- The median age of Browns Mills (zip 08015) real estate is 43 years old
The Rental Market in Browns Mills (zip 08015)
- Renters make up 21.2% of the Browns Mills (zip 08015) population
- 1.4% of houses and apartments in Browns Mills (zip 08015), 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.