Wenonah, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Wenonah Neighborhoods Since 2000




Wenonah, 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

Wenonah Housing Market Information

With 2,254 people, 784 houses or apartments, and a median cost of homes of $267,280, Wenonah real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Wenonah, accounting for 88.72% of the borough's housing units. Other types of housing that are prevalent in Wenonah include duplexes, homes converted to apartments or other small apartment buildings ( 6.74%), row houses and other attached homes ( 2.79%), and a few large apartment complexes or high rise apartments ( 1.74%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Wenonah. Owner-occupied housing accounts for 88.24% of Wenonah's homes, and 75.70% have either three or four bedrooms, which is average sized relative to America.

The housing in Wenonah was primarily built before 1939 ( 46.05%), making the housing stock in Wenonah some of the oldest overall in America, although there is a range of ages of homes in Wenonah. The next most important housing age is between 1940-1969 ( 29.07%), followed by between 1970-1999 ( 23.60%). There's also some housing in Wenonah built between 2000 and later ( 1.28%).

Wenonah Home Appreciation Rates

Homes have actually lost value in Wenonah over the last then years, as home values have seen a decline of 22.21% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Wenonah home appreciation rates at 0.08%, which equates to an annual appreciation rate of 0.32%.

Over the last year, Wenonah appreciation rates have trailed the rest of the nation. In the last twelve months, Wenonah's appreciation rate has been 1.09%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Wenonah were at 0.08%, which equates to an annual appreciation rate of 0.32%.

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

Average Home Values

 

Median Home Value:
$267,280

Wenonah, NJ HOME PRICES

Value Range
> $980,000 0.0
$735,001 - $980,000 2.5
$490,001 - $735,000 3.8
$392,001 - $490,000 8.4
$294,001 - $392,000 21.0
$196,001 - $294,000 53.7
$98,001 - $196,000 9.4
$49,001 - $98,000 0.0
$0 - $49,000 1.3

Low for NJ
High for Nation

Value Relative to Nation Value Relative to State
20.1218797609282 73.5772357723577

Number Of Homes And Apartments:
784

Wenonah 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
41.05% 2.01% 3 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,304 / per month

Homeownership Rate

Homeownership
Owners 88.24
Renters 11.76
Vacant 8.84

Housing Market Details

 

Age of Homes

AGE OF Wenonah HOMES
2000 or Newer 1.3
1970 - 1999 23.6
1940 - 1969 29.1
1939 or Older 46.0

Types of Homes

TYPE OF Wenonah HOMES
Single-Family 88.7
Townhomes 2.8
Small Apt. Buildings 6.7
Apt. Complexes 1.7
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Wenonah HOMES
No Bedroom 0.00
1 Bedroom 6.86
2 Bedrooms 10.12
3 Bedrooms 39.77
4 Bedrooms 35.93
5 or more bedrooms 7.33