City-owned Homes And Land in Avalon, NJ 08210

Current Market Conditions in Avalon, NJ

The real estate market in Avalon, NJ, remains competitive, characterized by demand for both seasonal and year-round properties. The influx of summer tourists contributes to a flourishing rental market, with home prices reflecting the area's desirability for vacationers and permanent residents alike.

As of late 2023, Avalon has seen a gradual increase in home values, driven by limited inventory and a steady demand. Investors and buyers are eager, leading to quicker sales and rising prices, particularly for beachfront properties.

Rent Prices In Avalon, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Avalon, NJ, is on a rollercoaster ride. The average rent price in Avalon, NJ, is $2,083.00. Indeed, when looking to rent in Avalon, NJ, you can expect to pay as little as $1,000.00 or as much as $4,500.00, with the average rent median estimated to be $2,120.00. The good news is that finding an affordable and desirable property to rent in Avalon, 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.