Foreclosures in Egg Harbor Township, NJ

Current Market Conditions in Egg Harbor Township, NJ

The real estate market in Egg Harbor Township remains stable with a steady demand for housing. As of this month, the area has seen a moderate increase in average home prices, driven by increased interest from both buyers relocating from urban centers and local families looking for spacious homes. This trend suggests a competitive but manageable market for prospective buyers.

In the past year, Egg Harbor Township has experienced a noticeable growth in its property values, with an increase of around 6-8% overall. The area has gained attention due to its affordable housing options compared to neighboring regions, attracting homebuyers seeking quality living at reasonable prices. Increased inventory has also provided more choices for potential homeowners.

Rent Prices In Egg Harbor Township, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Egg Harbor Township, NJ, is on a rollercoaster ride. The average rent price in Egg Harbor Township, NJ, is $1,852.00. Indeed, when looking to rent in Egg Harbor Township, NJ, you can expect to pay as little as $910.00 or as much as $4,540.00, with the average rent median estimated to be $1,850.00. The good news is that finding an affordable and desirable property to rent in Egg Harbor Township, 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.