Cities with the most expensive homes in the Vineland metro area
Cities with the most expensive homes in the Vineland metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.
The typical home value in the United States was $365,545 in March, 0.8% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of April 16, the sits at 6.3%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
compiled a list of cities with the most expensive homes in the Vineland metro area using data from . Charts show the monthly typical home value since January 2018. All 7 cities and towns with data available were included in the list.
#7. Port Norris, NJ
- Typical home value: $190,489
- 1-year price change: -5.5%
- 5-year price change: +36.0%
#6. Cedarville, NJ
- Typical home value: $251,844
- 1-year price change: -1.1%
- 5-year price change: +29.5%
#5. Millville, NJ
- Typical home value: $252,661
- 1-year price change: +1.7%
- 5-year price change: +53.3%
#4. Bridgeton, NJ
- Typical home value: $253,951
- 1-year price change: +1.3%
- 5-year price change: +40.8%
#3. Shiloh, NJ
- Typical home value: $265,587
- 1-year price change: -4.8%
- 5-year price change: +17.4%
#2. Greenwich, NJ
- Typical home value: $280,832
- 1-year price change: -4.0%
- 5-year price change: +14.9%
#1. Vineland, NJ
- Typical home value: $304,968
- 1-year price change: +3.2%
- 5-year price change: +48.7%