Minotola, NJ Foreclosures
How much do homes sell for in Minotola, NJ?
The average home price is currently $287,002.
In Minotola, NJ, how many homes are available?
There are currently 77 active home listings available in Minotola.
What’s the average rental cost in Minotola, NJ?
The average rental price in Minotola is $1,454.
What is the most expensive home in Minotola?
The most expensive home sold in Minotola had a price of $999,900.
What is currently the cheapest priced home in Minotola, NJ?
The cheapest home for sale in Minotola is priced at $110,552.
Living in Minotola, NJ
Minotola, NJ is a peaceful community in Atlantic County, known for its tight-knit neighborhoods and easy access to nearby attractions. The area features local parks and amenities, making it a great place for families. Education is prioritized with several quality schools in the vicinity.
Current Market Conditions in Minotola, NJ
The real estate market in Minotola, NJ has seen a steady increase in home values over the past year, driven by demand for more spacious living, especially among families. The competitive pricing in comparison to nearby cities makes it an attractive option for buyers looking for affordable housing options near major urban centers.
Currently, homes in Minotola tend to sell relatively quickly, indicating a healthy demand. Buyers are often looking for properties that offer both space and a good sense of community, contributing to the rising prices. The real estate market demonstrates resilience, with a mix of both traditional sales and increasing interest from first-time homeowners.
Home Value Estimator For Minotola, NJ
There are currently 431 real estate properties
in Minotola, NJ,
with a median automated valuation model (AVM) price
of $281,341.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Minotola, 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 Minotola, NJ,
is $287,002.00, with the most expensive house
in Minotola, NJ, topping out
at $999,900.00 and the cheapest home
in Minotola, NJ,
clocking in at $110,552.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Minotola, NJ!
Rent Prices
In Minotola, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Minotola, NJ, is on
a rollercoaster ride. The
average rent price in Minotola, NJ,
is $1,454.00. Indeed, when looking to rent in
Minotola, NJ, you can expect to pay as little
as $950.00 or as much
as $2,030.00,
with the average rent median estimated to
be $1,440.00. The good news is that finding
an affordable and desirable property to rent in Minotola, 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.
Learn more on Foreclosure homes
