Blairstown, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Blairstown Neighborhoods Since 2000




Blairstown, NJ Real Estate Data


Blairstown Housing Market Information

With 504 people, 181 houses or apartments, and a median cost of homes of $339,256, real estate costs in Blairstown are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive New Jersey communities.

Duplexes, homes converted to apartments or other small apartment buildings are the single most common housing type in Blairstown, accounting for 41.45% of the town's housing units. Other types of housing that are prevalent in Blairstown include single-family detached homes ( 36.79%), row houses and other attached homes ( 21.76%). Towns that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of towns are often walkable and compact, and often have a lively downtown.

The most prevalent building size and type in Blairstown are three and four bedroom dwellings. The town has a mixture of owners and renters, with 53.48% owning and 46.52% renting.

The housing in Blairstown was primarily built before 1939 ( 63.73%), 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 ( 29.02%), followed by between 1970-1999 ( 7.25%).

Blairstown Home Appreciation Rates

Homes have actually lost value in Blairstown over the last then years, as home values have seen a decline of 25.28% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Blairstown home appreciation rates at 1.92%, which equates to an annual appreciation rate of 7.90%.

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 3.71%, 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 1.92%, which equates to an annual appreciation rate of 7.90%.

Relative to New Jersey, our data show that Blairstown's latest annual appreciation rate is lower than 50% of the other cities and towns in New Jersey.

Average Home Values

 

Median Home Value:
$339,256

Blairstown, NJ HOME PRICES

Value Range
> $1,046,000 0.8
$785,001 - $1,046,000 0.7
$523,001 - $785,000 15.0
$418,001 - $523,000 12.2
$314,001 - $418,000 25.4
$209,001 - $314,000 37.8
$105,001 - $209,000 5.0
$52,001 - $105,000 0.0
$0 - $52,000 3.1

Average for NJ
Very High for Nation

Value Relative to Nation Value Relative to State
13.3220120630087 54.6747967479675

Number Of Homes And Apartments:
181

Rent & Ownership

 

Average Market Rent:
$1,176 / per month

Homeownership Rate

Homeownership
Owners 53.48
Renters 46.52
Vacant 6.22

Housing Market Details

 

Age of Homes

AGE OF Blairstown HOMES
2000 or Newer 0.0
1970 - 1999 7.3
1940 - 1969 29.0
1939 or Older 63.7

Types of Homes

TYPE OF Blairstown HOMES
Single-Family 36.8
Townhomes 21.8
Small Apt. Buildings 41.5
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 21.24
3 Bedrooms 58.03
4 Bedrooms 12.95
5 or more bedrooms 7.77

Blairstown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NJ*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
27.17% 1.42% 1 3
* 10 is highest