The housing market in 08091 West Berlin, NJ is on the rise. According to the data, the median value of houses in this area is $267,800, which is substantially lower than the national median of $338,100. However, West Berlin has experienced a higher rate of house appreciation over the past year (15.62%) compared to the US rate of 8.27%. This indicates that this area could be a great place for potential buyers and investors to gain value from their purchase.
The median home cost in West Berlin (zip 08091) is $267,800. Home appreciation the last 10 years has been 69.6%. Home Appreciation in West Berlin (zip 08091) is up 18.1%.
Average Age of Homes
- The median age of West Berlin (zip 08091) real estate is 48 years old
The Rental Market in West Berlin (zip 08091)
- Renters make up 29.7% of the West Berlin (zip 08091) population
- 1.1% of houses and apartments in West Berlin (zip 08091), 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.