08750, Sea Girt, NJ

Sea Girt, NJ is located in Monmouth County and has a population of just over 10,000 people. The median household income in Sea Girt is just over $100,000 and the median home value is just under $1 million. Home equity and home prices have been on the rise in Sea Girt for the past several years, with values increasing by an average of 7% each year.

There are a number of factors contributing to the increase in home values in Sea Girt. First, there is a strong demand for homes in this area due to its close proximity to both New York City and Philadelphia. Second, the area has seen very little growth over the past few years which has helped keep prices high. Finally, many homeowners here have been able to take advantage of low interest rates by refinancing their homes multiple times.

Despite these positive trends, there are some risks associated with buying or selling a home in Sea Girt. First, although prices have been rising steadily for several years now, they could eventually fall back down if there is a sudden decrease in demand or if interest rates go up again. Second, although Sea Girt is generally considered to be a safe community with low crime rates, there have been a few instances recently where crime has increased significantly (most notably around the intersection of Route 35 and Ocean Avenue). If you are considering buying or selling a home in Sea Girt be sure to consult with an experienced real estate agent who can help you understand all of your options