Erial, NJ Foreclosures
How much do homes sell for in Erial, NJ?
The average home price is currently $333,209.
What’s the average rental cost in Erial, NJ?
The average rental price in Erial is $1,555.
What is the most expensive home in Erial?
The most expensive home sold in Erial had a price of $1,279,400.
What is currently the cheapest priced home in Erial, NJ?
The cheapest home for sale in Erial is priced at $77,000.
Living in Erial, NJ
Erial, NJ, is a charming suburban community known for its peaceful environment, family-friendly amenities, and strong educational institutions. Situated in Camden County, it offers a blend of outdoor activities and convenient access to shopping and dining, making it an ideal location for families and individuals alike.
Current Market Conditions in Erial, NJ
The Erial real estate market is currently experiencing a steady growth trend, driven by a high demand for single-family homes. Buyers are drawn to the area's friendly atmosphere, quality schools, and access to recreational areas. As a result, home values have seen modest appreciation, making it a good investment opportunity.
In recent months, there has been an increase in inventory, which has provided buyers with more options. The competition remains robust, and homes that are well-maintained and priced appropriately tend to sell quickly, often above the asking price.
Home Value Estimator For Erial, NJ
There are currently 60 real estate properties
in Erial, NJ,
with a median automated valuation model (AVM) price
of $316,347.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Erial, 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 Erial, NJ,
is $333,209.00, with the most expensive house
in Erial, NJ, topping out
at $1,279,400.00 and the cheapest home
in Erial, NJ,
clocking in at $77,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Erial, NJ!
Rent Prices
In Erial, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Erial, NJ, is on
a rollercoaster ride. The
average rent price in Erial, NJ,
is $1,555.00. Indeed, when looking to rent in
Erial, NJ, you can expect to pay as little
as $1,300.00 or as much
as $2,690.00,
with the average rent median estimated to
be $1,400.00. The good news is that finding
an affordable and desirable property to rent in Erial, 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.