The housing market in 08070 Pennsville, NJ is thriving. The median value of homes in this area is $222,200, which is significantly lower than the US house median value of $338,100. However, the one year appreciation rate for homes in this area is 15.62%, which is much higher than the national average of 8.27%. This makes 08070 Pennsville an attractive place to invest in real estate and look for a new home.
The median home cost in Pennsville (zip 08070) is $222,200. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Pennsville (zip 08070) is up 18.1%.
Average Age of Homes
- The median age of Pennsville (zip 08070) real estate is 53 years old
The Rental Market in Pennsville (zip 08070)
- Renters make up 23.8% of the Pennsville (zip 08070) population
- 1.2% of houses and apartments in Pennsville (zip 08070), 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.