08012, Blackwood, NJ

The 8012 zip code of Blackwood, NJ has a median home value of $269,000 and a median home equity value of $145,000. This is significantly higher than the statewide median home value of $177,500 and the national median home equity value of $137,200. The high home values in the 8012 zip code are likely due to the affluent population and strong economy in this area.

Home prices in Blackwood have increased significantly over the past few years. The average price increase from January 2013 to January 2017 was 27%. This is much higher than the statewide average increase of 16% and the national average increase of 17%. In addition, Blackwood has seen particularly high increases in prices over the past two years. The average price increase from January 2016 to January 2017 was 43%.

Despite these high prices, there are still plenty of homes available for sale in the 8012 zip code. There were 97 homes for sale as of February 2017, which is below the statewide average but above the national average. In addition, there were 2 vacant homes for sale in February 2017 which is below both statewide and national averages. This indicates that despite high prices, homeownership rates are still relatively high in this area.