Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 48,538 people, 17,261 houses or apartments, and a median cost of homes of $469,006, Egg Harbor Township real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Egg Harbor Township, accounting for 73.25% of the township's housing units. Other types of housing that are prevalent in Egg Harbor Township include mobile homes or trailers ( 10.40%), large apartment complexes or high rise apartments ( 6.87%), and a few row houses and other attached homes ( 5.43%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Egg Harbor Township. Owner-occupied housing accounts for 84.11% of Egg Harbor Township's homes, and 71.41% have either three or four bedrooms, which is average sized relative to America.
Egg Harbor Township homes and real estate are some of the newest in America. 40.77% of Egg Harbor Township's housing was built since 2000, making the township have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Egg Harbor Township real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 39.16%), and between 1940-1969 ( 12.85%). There's also some housing in Egg Harbor Township built before 1939 ( 7.22%).
Appreciation rates for homes in Egg Harbor Township have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 112.11%, which ranks in the top 30% nationwide. This equates to an annual average Egg Harbor Township house appreciation rate of 7.81%.
Appreciation rates are so strong in Egg Harbor Township that despite a nationwide downturn in the housing market, Egg Harbor Township real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Egg Harbor Township appreciation rates continue to be some of the highest in America, at 5.84%, which is higher than appreciation rates in 84.95% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Egg Harbor Township. Egg Harbor Township appreciation rates in the latest quarter were at 0.00%, which equates to an annual appreciation rate of 0.00%.
Relative to New Jersey, our data show that Egg Harbor Township's latest annual appreciation rate is lower than 70% of the other cities and towns in New Jersey.
One very important thing to keep in mind is that these are average appreciation rates for the township. Individual neighborhoods within Egg Harbor Township differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Egg Harbor Township - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Egg Harbor Township real estate investment or home purchase decisions.
$469,006
for New jersey
for nation
17,261
$3,329 / per month