Livingston, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Livingston Neighborhoods Since 2000




Livingston, 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

Livingston Housing Market Information

With 29,849 people, 2,057 houses or apartments, and a median cost of homes of $658,192, Livingston house prices are not only among the most expensive in New Jersey, Livingston real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Livingston, accounting for 89.61% of the town's housing units. Other types of housing that are prevalent in Livingston include large apartment complexes or high rise apartments ( 6.31%), row houses and other attached homes ( 3.04%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Livingston. Owner-occupied housing accounts for 90.04% of Livingston's homes, and 74.09% 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. Livingston's housing was primarily built during this period, from the '40s through the '60s. A full 61.37% of the town's housing hails from this era. Other housing ages represented in Livingston include homes built between 1970-1999 ( 20.30%) and housing constructed before 1939 ( 9.41%). There's also some housing in Livingston built between 2000 and later ( 8.92%).

Livingston Home Appreciation Rates

Appreciation rates for homes in Livingston have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 1.74%, which ranks in the top 50% nationwide. This equates to an annual average Livingston house appreciation rate of 0.17%.

NeighborhoodScout's data show that during the latest twelve months, Livingston's appreciation rate, at 3.36%, has been at or slightly above the national average. In the latest quarter, Livingston's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

Relative to New Jersey, our data show that Livingston's latest annual appreciation rate is higher than 50% 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 Livingston differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Livingston - 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 Livingston real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$658,192

Livingston, NJ HOME PRICES

Value Range
> $1,112,000 11.6
$834,001 - $1,112,000 11.7
$556,001 - $834,000 35.8
$445,001 - $556,000 23.5
$334,001 - $445,000 13.8
$222,001 - $334,000 1.9
$111,001 - $222,000 0.8
$55,001 - $111,000 0.2
$0 - $55,000 0.6

Very High for NJ
Very High for Nation

Value Relative to Nation Value Relative to State
3.07629204265792 12.6016260162602

Number Of Homes And Apartments:
2,057

Livingston 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
71.80% 3.19% 8 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,663 / per month

Homeownership Rate

Homeownership
Owners 90.04
Renters 9.96
Vacant 4.18

Housing Market Details

 

Age of Homes

AGE OF Livingston HOMES
2000 or Newer 8.9
1970 - 1999 20.3
1940 - 1969 61.4
1939 or Older 9.4

Types of Homes

TYPE OF Livingston HOMES
Single-Family 89.6
Townhomes 3.0
Small Apt. Buildings 1.0
Apt. Complexes 6.3
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Livingston HOMES
No Bedroom 0.42
1 Bedroom 3.15
2 Bedrooms 7.84
3 Bedrooms 40.21
4 Bedrooms 33.88
5 or more bedrooms 14.51