Blairstown, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Blairstown Neighborhoods Since 2000




Blairstown, NJ Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Blairstown Housing Market Information

With a population of 504, 185 total housing units (homes and apartments), and a median house value of $309,707, Blairstown real estate prices are well above average cost compared to national prices.

Duplexes, homes converted to apartments or other small apartment buildings are the single most common housing type in Blairstown, accounting for 62.24% of the town's housing units. Other types of housing that are prevalent in Blairstown include row houses and other attached homes ( 19.39%), single-family detached homes ( 18.37%). Towns with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact towns that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

Renters dominate Blairstown's housing market, and most live in three of four bedroom dwellings.

The housing in Blairstown was primarily built before 1939 ( 75.51%), making the housing stock in Blairstown some of the oldest overall in America, although there is a range of ages of homes in Blairstown. The next most important housing age is between 1940-1969 ( 17.86%), followed by between 1970-1999 ( 6.63%).

Blairstown Home Appreciation Rates

Homes have actually lost value in Blairstown over the last then years, as home values have seen a decline of 29.40% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Blairstown home appreciation rates at 0.88%, which equates to an annual appreciation rate of 3.57%.

Over the last year, Blairstown appreciation rates have trailed the rest of the nation. In the last twelve months, Blairstown's appreciation rate has been -0.53%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Blairstown were at 0.88%, which equates to an annual appreciation rate of 3.57%.

Relative to New Jersey, our data show that Blairstown's latest annual appreciation rate is lower than 80% of the other cities and towns in New Jersey.

Average Home Values

 

Median Home Value:
$309,707

Blairstown, NJ HOME PRICES

Value Range
> $1,012,000 0.5
$758,001 - $1,012,000 1.4
$506,001 - $758,000 8.3
$405,001 - $506,000 9.8
$303,001 - $405,000 29.5
$202,001 - $303,000 41.1
$101,001 - $202,000 7.5
$51,001 - $101,000 0.0
$0 - $51,000 1.8

Average for NJ
Very High for Nation

Value Relative to Nation Value Relative to State
15.4576350638697 59.9593495934959

Number Of Homes And Apartments:
185

Blairstown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NJ*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
19.60% 1.04% 1 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,554 / per month

Homeownership Rate

Homeownership
Owners 31.09
Renters 68.91
Vacant 5.61

Housing Market Details

 

Age of Homes

AGE OF Blairstown HOMES
2000 or Newer 0.0
1970 - 1999 6.6
1940 - 1969 17.9
1939 or Older 75.5

Types of Homes

TYPE OF Blairstown HOMES
Single-Family 18.4
Townhomes 19.4
Small Apt. Buildings 62.2
Apt. Complexes 0.0
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Blairstown HOMES
No Bedroom 0.00
1 Bedroom 0.00
2 Bedrooms 19.39
3 Bedrooms 68.88
4 Bedrooms 5.61
5 or more bedrooms 6.12