Ringwood, New Jersey (07456) is a great place to buy a home. The median value of housing in Ringwood is $441,300 which is significantly higher than the US median value of $338,100. Over the past year, the US house appreciation rate was 8.27% while Ringwood saw an appreciation rate of 7.56%. This indicates that housing values are steadily increasing over time in Ringwood, making it an excellent place to invest in real estate now and into the future.
The median home cost in Ringwood (zip 07456) is $441,300. Home appreciation the last 10 years has been 51.6%. Home Appreciation in Ringwood (zip 07456) is up 12.7%.
Average Age of Homes
- The median age of Ringwood (zip 07456) real estate is 53 years old
The Rental Market in Ringwood (zip 07456)
- Renters make up 4.3% of the Ringwood (zip 07456) population
- 0.0% of houses and apartments in Ringwood (zip 07456), 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.