Foreclosures in Farmingdale, NJ

Current Market Conditions in Farmingdale, NJ

The current real estate market in Farmingdale is experiencing moderate growth, with demand for homes picking up as more buyers look to escape the crowded urban environments of nearby cities like New York and Philadelphia. This demand is bolstered by the borough's affordability compared to surrounding areas, making it an attractive option for first-time home buyers and families.

There has been a noticeable increase in both home sales and prices over the past year, indicating a healthy market. As the community continues to develop and attract new residents, the housing market is likely to experience further appreciation.

Rent Prices In Farmingdale, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Farmingdale, NJ, is on a rollercoaster ride. The average rent price in Farmingdale, NJ, is $2,453.00. Indeed, when looking to rent in Farmingdale, NJ, you can expect to pay as little as $1,000.00 or as much as $4,780.00, with the average rent median estimated to be $2,340.00. The good news is that finding an affordable and desirable property to rent in Farmingdale, 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.