Stratford, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Stratford Neighborhoods Since 2000




Stratford, 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

Stratford Housing Market Information

With 7,013 people, 2,601 houses or apartments, and a median cost of homes of $198,891, Stratford real estate values are some of the lowest in New Jersey, although compared to real estate around the nation, Stratford homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Stratford, accounting for 70.33% of the borough's housing units. Other types of housing that are prevalent in Stratford include large apartment complexes or high rise apartments ( 19.66%), duplexes, homes converted to apartments or other small apartment buildings ( 5.95%), and a few row houses and other attached homes ( 4.06%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Stratford. Owner-occupied housing accounts for 74.59% of Stratford's homes, and 63.51% 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. Stratford's housing was primarily built during this period, from the '40s through the '60s. A full 73.90% of the borough's housing hails from this era. Other housing ages represented in Stratford include homes built between 1970-1999 ( 16.45%) and housing constructed before 1939 ( 8.92%).

Stratford Home Appreciation Rates

Homes have actually lost value in Stratford over the last then years, as home values have seen a decline of 23.34% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Stratford home appreciation rates at 0.08%, which equates to an annual appreciation rate of 0.32%.

Over the last year, Stratford appreciation rates have trailed the rest of the nation. In the last twelve months, Stratford's appreciation rate has been 1.58%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Stratford were at 0.08%, which equates to an annual appreciation rate of 0.32%.

Relative to New Jersey, our data show that Stratford's latest annual appreciation rate is lower than 70% of the other cities and towns in New Jersey.

Average Home Values

 

Median Home Value:
$198,891

Stratford, NJ HOME PRICES

Value Range
> $1,025,000 0.3
$769,001 - $1,025,000 0.0
$512,001 - $769,000 0.0
$410,001 - $512,000 0.0
$307,001 - $410,000 2.4
$205,001 - $307,000 34.1
$102,001 - $205,000 58.7
$51,001 - $102,000 2.8
$0 - $51,000 1.7

Very Low for NJ
High for Nation

Value Relative to Nation Value Relative to State
32.5325208015938 86.1788617886179

Number Of Homes And Apartments:
2,601

Stratford 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
41.66% 2.04% 3 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,339 / per month

Homeownership Rate

Homeownership
Owners 74.59
Renters 25.41
Vacant 8.99

Housing Market Details

 

Age of Homes

AGE OF Stratford HOMES
2000 or Newer 0.7
1970 - 1999 16.4
1940 - 1969 73.9
1939 or Older 8.9

Types of Homes

TYPE OF Stratford HOMES
Single-Family 70.3
Townhomes 4.1
Small Apt. Buildings 5.9
Apt. Complexes 19.7
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Stratford HOMES
No Bedroom 2.48
1 Bedroom 16.31
2 Bedrooms 13.26
3 Bedrooms 46.29
4 Bedrooms 17.21
5 or more bedrooms 4.44