07846, Johnsonburg, NJ

Home equity is the difference between the market value of a home and what a homeowner owes on their mortgage. In Johnsonburg, NJ, home equity averaged $158,000 in 2017. This means that homeowners in this zip code had more than 18% of their home's value left over after paying off their mortgages and other debts.

Home prices in Johnsonburg have been on the rise for several years now. In 2017, the median home price was $224,500. This is up from $209,000 in 2016 and $183,500 in 2015. The reason for this increase is likely due to both low interest rates and strong demand from buyers.

While there are certainly risks associated with buying a home in Johnsonburg right now, there are also many opportunities available if you are willing to look for them. If you are interested in learning more about purchasing a home in this area or any other area of NJ, please do not hesitate to contact us at [phone number].