The housing market in Pompton Plains, NJ (07444) is slightly below average when compared to the national median house value of $338,100. The median housing value in Pompton Plains is $558,000, a significant 6.5% higher than the national median. Despite being slightly lower than the national median, the 1 year appreciation rate for homes in Pompton Plains is 7.56%, only 0.71% lower than the national rate of 8.27%. This shows that despite a lower median price tag, property values are still appreciating at an impressive rate and Pompton Plains remains an attractive option for people looking to invest in real estate.
The median home cost in Pompton Plains (zip 07444) is $558,000. Home appreciation the last 10 years has been 51.6%. Home Appreciation in Pompton Plains (zip 07444) is up 12.7%.
Average Age of Homes
- The median age of Pompton Plains (zip 07444) real estate is 44 years old
The Rental Market in Pompton Plains (zip 07444)
- Renters make up 20.9% of the Pompton Plains (zip 07444) population
- 0.0% of houses and apartments in Pompton Plains (zip 07444), 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.