Living in Cinnaminson, NJ
Cinnaminson, NJ is a family-friendly suburb offering a blend of quiet residential living and accessibility to urban amenities. With quality schools, ample parks, and a variety of local shops and restaurants, it’s a great place to call home. Consistent connectivity to Philadelphia and surrounding areas adds to its appeal.
Current Market Conditions in Cinnaminson, NJ
The real estate market in Cinnaminson is currently showing a steady growth trend, characterized by an increasing demand for homes due to its appealing suburban lifestyle and accessibility. The community's reputation for quality schools and safe neighborhoods makes it an attractive spot for families, contributing to a competitive market with home prices gradually rising.
As of late 2023, home sales in Cinnaminson have been strong, with many listings receiving multiple offers. The inventory, although tight, shows signs of gradual replenishment, allowing for a bit more choice for potential buyers. Sellers in Cinnaminson can expect favorable conditions, with many homes selling close to or above their listing prices.
Home Value Estimator For Cinnaminson, NJ
There are currently 5,936 real estate properties
in Cinnaminson, NJ,
with a median automated valuation model (AVM) price
of $447,941.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cinnaminson, 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 Cinnaminson, NJ,
is $546,432.00, with the most expensive house
in Cinnaminson, NJ, topping out
at $10,000,000.00 and the cheapest home
in Cinnaminson, NJ,
clocking in at $24,328.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cinnaminson, NJ!
Rent Prices
In Cinnaminson, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cinnaminson, NJ, is on
a rollercoaster ride. The
average rent price in Cinnaminson, NJ,
is $1,857.00. Indeed, when looking to rent in
Cinnaminson, NJ, you can expect to pay as little
as $1,000.00 or as much
as $3,820.00,
with the average rent median estimated to
be $1,820.00. The good news is that finding
an affordable and desirable property to rent in Cinnaminson, 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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