Howell, NJ


Highest Appreciating Howell Neighborhoods Since 2000

Howell, 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

Howell Housing Market Information

With a population of 39,953, 1,676 total housing units (homes and apartments), and a median house value of $357,359, real estate costs in Howell 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.

Single-family detached homes are the single most common housing type in Howell, accounting for 84.14% of the town's housing units. Other types of housing that are prevalent in Howell include row houses and other attached homes ( 5.87%), large apartment complexes or high rise apartments ( 5.34%), and a few mobile homes or trailers ( 3.09%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Howell. Owner-occupied housing accounts for 90.12% of Howell's homes, and 78.43% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Howell 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 Howell built between 1940-1969 ( 27.90%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.56%). There's also some housing in Howell built before 1939 ( 3.20%).

Howell Home Appreciation Rates

Howell's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Howell during the period has been just -1.46%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Howell's appreciation rate, at 4.52%, has been at or slightly above the national average. In the latest quarter, Howell's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

Relative to New Jersey, our data show that Howell'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 Howell differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Howell - 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 Howell real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,116,000 0.3
$837,001 - $1,116,000 0.3
$558,001 - $837,000 4.6
$447,001 - $558,000 11.4
$335,001 - $447,000 39.0
$223,001 - $335,000 31.8
$112,001 - $223,000 7.8
$56,001 - $112,000 1.5
$0 - $56,000 3.4

Average for NJ
Very High for Nation

Value Relative to Nation Value Relative to State
11.6488925348646 49.390243902439

Number Of Homes And Apartments:

Howell Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
64.80% 2.94% 7 8
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,829 / per month

Homeownership Rate

Owners 90.12
Renters 9.88
Vacant 2.78

Housing Market Details


Age of Homes

2000 or Newer 8.6
1970 - 1999 60.3
1940 - 1969 27.9
1939 or Older 3.2

Types of Homes

Single-Family 84.1
Townhomes 5.9
Small Apt. Buildings 1.6
Apt. Complexes 5.3
Mobile Homes 3.1
Other 0.0

Home Size

No Bedroom 1.03
1 Bedroom 2.90
2 Bedrooms 11.91
3 Bedrooms 41.69
4 Bedrooms 36.74
5 or more bedrooms 5.73