Dorchester, NJ Foreclosures
How much do homes sell for in Dorchester, NJ?
The average home price is currently $248,614.
In Dorchester, NJ, how many homes are available?
There are currently 11 active home listings available in Dorchester.
What’s the average rental cost in Dorchester, NJ?
The average rental price in Dorchester is $1,403.
What is the most expensive home in Dorchester?
The most expensive home sold in Dorchester had a price of $1,747,628.
What is currently the cheapest priced home in Dorchester, NJ?
The cheapest home for sale in Dorchester is priced at $23,760.
Living in Dorchester, NJ
Dorchester, NJ is a charming suburban community known for its friendly atmosphere and family-oriented lifestyle. With access to local amenities, parks, and quality schools, residents enjoy a comfortable living experience. Its strategic location offers convenient commuting options to nearby urban centers, making it an ideal place for those seeking tranquility with urban accessibility.
Current Market Conditions in Dorchester, NJ
The real estate market in Dorchester remains stable, with a moderate balance between supply and demand. Overall, home prices have shown slight growth over the past year, indicating a healthy interest from buyers looking for affordable suburban living options. Many homes in the area cater to families and first-time homebuyers, suggesting a steady market with potential for future appreciation.
Currently, there appears to be an increasing trend in home renovations and upgrades as homeowners invest in their properties, which not only enhances the neighborhood's overall aesthetic but also increases property values in the long run.
Home Value Estimator For Dorchester, NJ
There are currently 131 real estate properties
in Dorchester, NJ,
with a median automated valuation model (AVM) price
of $217,811.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Dorchester, 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 Dorchester, NJ,
is $248,614.00, with the most expensive house
in Dorchester, NJ, topping out
at $1,747,628.00 and the cheapest home
in Dorchester, NJ,
clocking in at $23,760.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Dorchester, NJ!
Rent Prices
In Dorchester, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Dorchester, NJ, is on
a rollercoaster ride. The
average rent price in Dorchester, NJ,
is $1,403.00. Indeed, when looking to rent in
Dorchester, NJ, you can expect to pay as little
as $980.00 or as much
as $2,380.00,
with the average rent median estimated to
be $1,350.00. The good news is that finding
an affordable and desirable property to rent in Dorchester, 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.