The housing market in 07833 Delaware, NJ is doing very well. The median value for housing in this area is $278,800, which is significantly lower than the US median house value of $338,100. This makes it more attractive to potential buyers who are looking for affordability and value. Additionally, the appreciation rate for housing in this area has been higher than the national average of 8.27%, with a 1 year appreciation rate of 10.13%. This indicates that homes here will continue to increase in value over time making it a great investment opportunity.
The median home cost in Delaware (zip 07833) is $278,800. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Delaware (zip 07833) is up 14.2%.
Average Age of Homes
- The median age of Delaware (zip 07833) real estate is 78 years old
The Rental Market in Delaware (zip 07833)
- Renters make up 53.3% of the Delaware (zip 07833) population
- 0.0% of houses and apartments in Delaware (zip 07833), 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.