White House Station, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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White House Station, NJ Real Estate Data


White House Station Housing Market Information

With a population of 2,078, 909 total housing units (homes and apartments), and a median house value of $393,320, real estate costs in White House Station 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.

Row houses and other attached homes are the single most common housing type in White House Station, accounting for 42.79% of the town's housing units. Other types of housing that are prevalent in White House Station include single-family detached homes ( 28.16%), large apartment complexes or high rise apartments ( 27.83%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.21%). Towns that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of towns are often walkable and compact, and often have a lively downtown.

Dwellings in White House Station tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 56.99% of the homes in White House Station have two or fewer bedrooms.

There is a lot of housing in White House Station 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 White House Station built between 2000 and later ( 13.86%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.49%). There's also some housing in White House Station built before 1939 ( 5.28%).

White House Station Home Appreciation Rates

White House Station's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in White House Station during the period has been just -1.66%, which is lower than 80% of US communities.

Over the last year, White House Station appreciation rates have trailed the rest of the nation. In the last twelve months, White House Station's appreciation rate has been 3.87%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in White House Station were at 1.43%, which equates to an annual appreciation rate of 5.85%.

Relative to New Jersey, our data show that White House Station's latest annual appreciation rate is higher than 50% of the other cities and towns in New Jersey.

Average Home Values

 

Median Home Value:
$393,320

White House Station, NJ HOME PRICES

Value Range
> $1,060,000 1.7
$795,001 - $1,060,000 1.8
$530,001 - $795,000 15.3
$424,001 - $530,000 17.3
$318,001 - $424,000 42.7
$212,001 - $318,000 12.9
$106,001 - $212,000 5.3
$53,001 - $106,000 1.7
$0 - $53,000 1.4

Average for NJ
Very High for Nation

Value Relative to Nation Value Relative to State
10.0076125783217 42.6829268292683

Number Of Homes And Apartments:
909

Rent & Ownership

 

Average Market Rent:
$2,099 / per month

Homeownership Rate

Homeownership
Owners 77.34
Renters 22.66
Vacant 0.00

Housing Market Details

 

Age of Homes

AGE OF White House Station HOMES
2000 or Newer 13.9
1970 - 1999 74.4
1940 - 1969 6.5
1939 or Older 5.3

Types of Homes

TYPE OF White House Station HOMES
Single-Family 28.2
Townhomes 42.8
Small Apt. Buildings 1.2
Apt. Complexes 27.8
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF White House Station HOMES
No Bedroom 0.00
1 Bedroom 11.77
2 Bedrooms 45.21
3 Bedrooms 29.81
4 Bedrooms 13.20
5 or more bedrooms 0.00

White House Station Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NJ*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
35.24% 1.79% 2 4
* 10 is highest

Popular Neighborhoods in White House Station

Zip Codes in White House Station, NJ