Perth Amboy, NJ has a median housing value of $378,000 which is significantly higher than the US house median value of $338,100. The one year house appreciation rate in Perth Amboy stands at 10.79%, signficantly higher than the national average of 8.27%. These figures suggest that Perth Amboy is a desirable location for real estate investments due to its high property values and strong appreciation rate.
The median home cost in Perth Amboy is $378,000. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Perth Amboy is up 15.1%.
Average Age of Homes
- The median age of Perth Amboy real estate is 60 years old
The Rental Market in Perth Amboy
- Renters make up 62.6% of the Perth Amboy population
- 1.7% of houses and apartments in Perth Amboy, 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.