The housing in Jersey City, NJ (07310) is significantly more expensive than the US median value of $338,100. The median value in this area is $769,000, which is over double the national house median value. While the 1 year house appreciation rate nationwide is 8.27%, the 1 year house appreciation rate in Jersey City (07310) is only slightly lower at 8.22%. This suggests that although the cost of housing in this area is high compared to other places, there has not been a significant decrease in value over the course of a year.
The median home cost in Jersey City (zip 07310) is $769,000. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Jersey City (zip 07310) is up 10.8%.
Average Age of Homes
- The median age of Jersey City (zip 07310) real estate is 17 years old
The Rental Market in Jersey City (zip 07310)
- Renters make up 72.1% of the Jersey City (zip 07310) population
- 6.4% of houses and apartments in Jersey City (zip 07310), 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.