Zip 07646 (New Milford, NJ) Housing

In 07646 New Milford, NJ, the median value of a house is $511,800 which is significantly higher than the national average of $338,100. This is also reflected in the appreciation rates which are 10.32% compared to 8.27% on the national level. As a result, this area has seen an above-average rate of growth in housing prices over the last year.

The median home cost in New Milford (zip 07646) is $511,800. Home appreciation the last 10 years has been 52.1%. Home Appreciation in New Milford (zip 07646) is up 9.0%.

Average Age of Homes

- The median age of New Milford (zip 07646) real estate is 63 years old

The Rental Market in New Milford (zip 07646)

- Renters make up 37.3% of the New Milford (zip 07646) population
- 0.6% of houses and apartments in New Milford (zip 07646), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Milford, New Jersey	United States
	6,435.0	139,647,020.0
	67	42
	$511,800	$338,100
	9.0%	16.6%
	33.0%	57.0%
	52.1%	101.1%
	$21.84	$10.98
	$10,001	$2,690
	62.0%	57.4%
	4.2%	11.2%
	33.8%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.5%	0.4%
	0.2%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	0.6%	2.6%
	0.0%	2.4%
	0.3%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.1%	11.3%
	1.2%	13.0%
	5.5%	20.1%
	23.1%	13.6%
	45.8%	8.3%
	20.8%	9.7%
	2.4%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.3%	13.6%
	1.3%	13.6%
	3.0%	13.6%
	5.1%	13.2%
	7.0%	14.8%
	3.0%	13.6%
	31.2%	10.0%
	23.2%	4.7%
	15.2%	12.2%

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