With a population of 43,081, 3,343 total housing units (homes and apartments), and a median house value of $218,285, Egg Harbor Township real estate values are some of the lowest in New Jersey, although compared to real estate around the nation, Egg Harbor Township homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Egg Harbor Township, accounting for 77.17% of the town's housing units. Other types of housing that are prevalent in Egg Harbor Township include mobile homes or trailers ( 9.56%), large apartment complexes or high rise apartments ( 5.86%), and a few row houses and other attached homes ( 3.90%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Egg Harbor Township. Owner-occupied housing accounts for 87.63% of Egg Harbor Township's homes, and 68.73% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Egg Harbor Township 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 Egg Harbor Township built between 2000 and later ( 33.07%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.11%). There's also some housing in Egg Harbor Township built before 1939 ( 5.07%).
Homes have actually lost value in Egg Harbor Township over the last then years, as home values have seen a decline of 33.78% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Egg Harbor Township home appreciation rates at -2.59%, which equates to an annual appreciation rate of -9.97%.
NeighborhoodScout's data show that during the latest twelve months, Egg Harbor Township's appreciation rate, at 4.56%, has been at or slightly above the national average. In the latest quarter, Egg Harbor Township's appreciation rate has been -2.59%, which annualizes to a rate of -9.97%.
Notably, Egg Harbor Township's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New Jersey, our data show that Egg Harbor Township's latest annual appreciation rate is higher than 70% of the other cities and towns in New Jersey.
One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Egg Harbor Township differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Egg Harbor Township - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Egg Harbor Township real estate investment or home purchase decisions.
|$727,001 - $969,000||0.2|
|$484,001 - $727,000||3.9|
|$388,001 - $484,000||4.0|
|$291,001 - $388,000||17.5|
|$194,001 - $291,000||36.0|
|$97,001 - $194,000||24.7|
|$49,001 - $97,000||5.5|
|$0 - $49,000||7.7|
|Value Relative to Nation||Value Relative to State|
|AGE OF Egg Harbor Township HOMES|
|2000 or Newer||33.1|
|1970 - 1999||50.8|
|1940 - 1969||11.1|
|1939 or Older||5.1|
|TYPE OF Egg Harbor Township HOMES|
|Small Apt. Buildings||3.5|
|SIZE OF Egg Harbor Township HOMES|
|5 or more bedrooms||4.83|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2016 Q3
|* 10 is highest|