Farmingdale, NJ Foreclosures
How much do homes sell for in Farmingdale, NJ?
The average home price is currently $750,890.
In Farmingdale, NJ, how many homes are available?
There are currently 617 active home listings available in Farmingdale.
What’s the average rental cost in Farmingdale, NJ?
The average rental price in Farmingdale is $2,457.
What is the most expensive home in Farmingdale?
The most expensive home sold in Farmingdale had a price of $4,841,760.
What is currently the cheapest priced home in Farmingdale, NJ?
The cheapest home for sale in Farmingdale is priced at $32,505.
Living in Farmingdale, NJ
Farmingdale, NJ is a charming small town in Monmouth County, known for its community spirit and beautiful surroundings. Ideal for families, it offers local amenities, excellent schools, and numerous outdoor recreational activities. Residents enjoy a peaceful lifestyle paired with access to urban conveniences.
Current Market Conditions in Farmingdale, NJ
The real estate market in Farmingdale has seen consistent growth over the past year, with an increase in demand for family homes. Properties in this area typically boast spacious yards and proximity to local parks, which are attractive features for buyers. The average home price has risen, but the market remains competitive, especially for well-maintained homes with modern amenities, appealing to both first-time buyers and families.
The rental market is also strong, with many young professionals and families looking for affordable housing options. However, inventory is somewhat limited, contributing to price stability and modest appreciation in property values.
Home Value Estimator For Farmingdale, NJ
There are currently 2,151 real estate properties
in Farmingdale, NJ,
with a median automated valuation model (AVM) price
of $743,072.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Farmingdale, NJ, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Farmingdale, NJ,
is $750,890.00, with the most expensive house
in Farmingdale, NJ, topping out
at $4,841,760.00 and the cheapest home
in Farmingdale, NJ,
clocking in at $32,505.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Farmingdale, NJ!
Rent Prices
In Farmingdale, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Farmingdale, NJ, is on
a rollercoaster ride. The
average rent price in Farmingdale, NJ,
is $2,457.00. Indeed, when looking to rent in
Farmingdale, NJ, you can expect to pay as little
as $1,000.00 or as much
as $4,780.00,
with the average rent median estimated to
be $2,340.00. The good news is that finding
an affordable and desirable property to rent in Farmingdale, NJ
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
