Living in Mannington, NJ
Mannington, NJ, is a charming rural township known for its peaceful environment and strong community feel. With ample outdoor activities and a family-friendly atmosphere, it provides an ideal setting for those seeking a tranquil lifestyle. The town features beautiful landscapes, reputable schools, and a close-knit community, making it an attractive place to call home.
Current Market Conditions in Mannington, NJ
The real estate market in Mannington, NJ, has shown a steady increase over the past year, with growing interest in rural properties. Buyers looking for spacious homes with land have been driving demand, leading to a slight increase in home prices, though they remain affordable compared to neighboring communities.
As of late 2023, home sales have been consistent, with a mix of new buyers and those looking to settle into quieter areas. The inventory levels remain reasonable, providing various options for families and first-time homebuyers alike.
Home Value Estimator For Mannington, NJ
There are currently 266 real estate properties
in Mannington, NJ,
with a median automated valuation model (AVM) price
of $273,410.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mannington, 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 Mannington, NJ,
is $289,630.00, with the most expensive house
in Mannington, NJ, topping out
at $1,434,340.00 and the cheapest home
in Mannington, NJ,
clocking in at $60,044.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mannington, NJ!
Rent Prices
In Mannington, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mannington, NJ, is on
a rollercoaster ride. The
average rent price in Mannington, NJ,
is $1,307.00. Indeed, when looking to rent in
Mannington, NJ, you can expect to pay as little
as $1,190.00 or as much
as $1,500.00,
with the average rent median estimated to
be $1,310.00. The good news is that finding
an affordable and desirable property to rent in Mannington, 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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