Haddon Heights, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Haddon Heights Neighborhoods Since 2000




Haddon Heights, 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

Haddon Heights Housing Market Information

With a population of 7,514, 2,870 total housing units (homes and apartments), and a median house value of $294,598, Haddon Heights real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Haddon Heights, accounting for 74.39% of the borough's housing units. Other types of housing that are prevalent in Haddon Heights include large apartment complexes or high rise apartments ( 11.30%), duplexes, homes converted to apartments or other small apartment buildings ( 11.07%), and a few row houses and other attached homes ( 3.24%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Haddon Heights. Owner-occupied housing accounts for 80.35% of Haddon Heights's homes, and 67.26% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Haddon Heights's housing was primarily built during this period, from the '40s through the '60s. A full 49.41% of the borough's housing hails from this era. Other housing ages represented in Haddon Heights include homes built before 1939 ( 36.25%) and housing constructed between 1970-1999 ( 9.43%). There's also some housing in Haddon Heights built between 2000 and later ( 4.91%).

Haddon Heights Home Appreciation Rates

Haddon Heights's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Haddon Heights during the period has been just -0.98%, which is lower than 70% of US communities.

Over the last year, Haddon Heights appreciation rates have trailed the rest of the nation. In the last twelve months, Haddon Heights's appreciation rate has been 0.65%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Haddon Heights were at 0.08%, which equates to an annual appreciation rate of 0.32%.

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

Average Home Values

 

Median Home Value:
$294,598

Haddon Heights, NJ HOME PRICES

Value Range
> $1,034,000 0.6
$776,001 - $1,034,000 0.4
$517,001 - $776,000 4.7
$414,001 - $517,000 9.6
$310,001 - $414,000 28.5
$207,001 - $310,000 39.0
$103,001 - $207,000 14.1
$52,001 - $103,000 1.2
$0 - $52,000 1.9

Low for NJ
Very High for Nation

Value Relative to Nation Value Relative to State
16.7701863354037 65.650406504065

Number Of Homes And Apartments:
2,870

Haddon Heights 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
65.19% 2.95% 8 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,232 / per month

Homeownership Rate

Homeownership
Owners 80.35
Renters 19.65
Vacant 6.02

Housing Market Details

 

Age of Homes

AGE OF Haddon Heights HOMES
2000 or Newer 4.9
1970 - 1999 9.4
1940 - 1969 49.4
1939 or Older 36.2

Types of Homes

TYPE OF Haddon Heights HOMES
Single-Family 74.4
Townhomes 3.2
Small Apt. Buildings 11.1
Apt. Complexes 11.3
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Haddon Heights HOMES
No Bedroom 1.28
1 Bedroom 11.66
2 Bedrooms 15.95
3 Bedrooms 40.77
4 Bedrooms 26.49
5 or more bedrooms 3.86