Eatontown, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Eatontown Neighborhoods Since 2000




Eatontown, 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

Eatontown Housing Market Information

With 12,301 people, 5,462 houses or apartments, and a median cost of homes of $313,185, Eatontown real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Eatontown, accounting for 39.05% of the borough's housing units. Other types of housing that are prevalent in Eatontown include large apartment complexes or high rise apartments ( 33.21%), duplexes, homes converted to apartments or other small apartment buildings ( 14.36%), and a few row houses and other attached homes ( 8.26%).

People in Eatontown primarily live in small (one, two or no bedroom) single-family detached homes. Eatontown has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Eatontown built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Eatontown built between 1940-1969 ( 42.56%). A lesser amount of the housing stock also hails from between 2000 and later ( 7.41%). There's also some housing in Eatontown built before 1939 ( 6.13%).

Eatontown Home Appreciation Rates

Eatontown's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Eatontown during the period has been just -1.22%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Eatontown's appreciation rate, at 3.29%, has been at or slightly above the national average. In the latest quarter, Eatontown's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

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

Average Home Values

 

Median Home Value:
$313,185

Eatontown, NJ HOME PRICES

Value Range
> $1,114,000 0.1
$835,001 - $1,114,000 2.2
$556,001 - $835,000 7.3
$445,001 - $556,000 11.6
$334,001 - $445,000 29.4
$223,001 - $334,000 29.9
$111,001 - $223,000 9.2
$56,001 - $111,000 2.2
$0 - $56,000 8.0

Average for NJ
Very High for Nation

Value Relative to Nation Value Relative to State
15.1587952654401 58.9430894308943

Number Of Homes And Apartments:
5,462

Eatontown 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
55.02% 2.57% 6 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,612 / per month

Homeownership Rate

Homeownership
Owners 52.74
Renters 47.26
Vacant 5.62

Housing Market Details

 

Age of Homes

AGE OF Eatontown HOMES
2000 or Newer 7.4
1970 - 1999 43.9
1940 - 1969 42.6
1939 or Older 6.1

Types of Homes

TYPE OF Eatontown HOMES
Single-Family 39.1
Townhomes 8.3
Small Apt. Buildings 14.4
Apt. Complexes 33.2
Mobile Homes 5.1
Other 0.0

Home Size

SIZE OF Eatontown HOMES
No Bedroom 1.73
1 Bedroom 35.53
2 Bedrooms 26.01
3 Bedrooms 16.83
4 Bedrooms 15.83
5 or more bedrooms 4.08