Runnemede, NJ Foreclosures
How much do homes sell for in Runnemede, NJ?
The average home price is currently $308,093.
In Runnemede, NJ, how many homes are available?
There are currently 292 active home listings available in Runnemede.
What’s the average rental cost in Runnemede, NJ?
The average rental price in Runnemede is $1,438.
What is the most expensive home in Runnemede?
The most expensive home sold in Runnemede had a price of $5,721,573.
What is currently the cheapest priced home in Runnemede, NJ?
The cheapest home for sale in Runnemede is priced at $17,154.
Living in Runnemede, NJ
Runnemede, NJ is a charming suburban town known for its family-friendly environment and convenient access to Philadelphia. With its local parks, schools, and community events, it provides a perfect blend of suburban tranquility and urban accessibility. It's an ideal place for those looking for a peaceful yet connected lifestyle.
Current Market Conditions in Runnemede, NJ
Runnemede's real estate market has experienced steady growth over the past year, with an increase in home values as more buyers seek affordable housing options close to urban centers. The area has become popular due to its desirable location, excellent schools, and well-maintained neighborhoods, attracting both first-time homebuyers and investors looking for rental properties.
Currently, the market shows a balanced inventory level, with a mix of single-family homes and townhouses that cater to various buyer needs. While prices have risen, they remain competitive compared to nearby urban markets, making it a potential hotspot for future appreciation.
Home Value Estimator For Runnemede, NJ
There are currently 2,638 real estate properties
in Runnemede, NJ,
with a median automated valuation model (AVM) price
of $294,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Runnemede, 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 Runnemede, NJ,
is $308,093.00, with the most expensive house
in Runnemede, NJ, topping out
at $5,721,573.00 and the cheapest home
in Runnemede, NJ,
clocking in at $17,154.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Runnemede, NJ!
Rent Prices
In Runnemede, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Runnemede, NJ, is on
a rollercoaster ride. The
average rent price in Runnemede, NJ,
is $1,438.00. Indeed, when looking to rent in
Runnemede, NJ, you can expect to pay as little
as $750.00 or as much
as $2,420.00,
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 Runnemede, 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
