Living in Buena, NJ
Buena, NJ is a quaint town in Atlantic County offering a serene suburban lifestyle with easy access to outdoor activities and nearby cities. Known for its friendly community, Buena has local amenities that cater to families and retirees alike. The town's proximity to natural attractions and the Jersey Shore enhances its appeal for those seeking both tranquility and adventure.
Current Market Conditions in Buena, NJ
The real estate market in Buena, NJ is currently stable, with a range of properties available for buyers. The family-friendly atmosphere has led to sustained interest and slight price increases over recent months, making it an ideal area for both first-time home buyers and those looking for investment opportunities.
As of late 2023, the market shows signs of steady growth, with a balanced supply of homes leading to fair competition among buyers. Homes in Buena tend to maintain their value, given the community's amenities and its scenic surroundings.
Home Value Estimator For Buena, NJ
There are currently 496 real estate properties
in Buena, NJ,
with a median automated valuation model (AVM) price
of $314,437.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Buena, 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 Buena, NJ,
is $365,002.00, with the most expensive house
in Buena, NJ, topping out
at $8,902,416.00 and the cheapest home
in Buena, NJ,
clocking in at $53,053.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Buena, NJ!
Rent Prices
In Buena, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Buena, NJ, is on
a rollercoaster ride. The
average rent price in Buena, NJ,
is $1,365.00. Indeed, when looking to rent in
Buena, NJ, you can expect to pay as little
as $940.00 or as much
as $2,380.00,
with the average rent median estimated to
be $1,320.00. The good news is that finding
an affordable and desirable property to rent in Buena, 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.
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