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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 7,511 people, 3,121 houses or apartments, and a median cost of homes of $503,722, Haddon Heights real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Haddon Heights, accounting for 77.68% of the borough's housing units. Other types of housing that are prevalent in Haddon Heights include large apartment complexes or high rise apartments ( 12.33%), duplexes, homes converted to apartments or other small apartment buildings ( 5.82%), and a few row houses and other attached homes ( 4.17%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Haddon Heights. Owner-occupied housing accounts for 78.22% of Haddon Heights's homes, and 62.67% have either three or four bedrooms, which is average sized relative to America.
The housing in Haddon Heights was primarily built before 1939 ( 45.65%), making the housing stock in Haddon Heights some of the oldest overall in America, although there is a range of ages of homes in Haddon Heights. The next most important housing age is between 1940-1969 ( 42.39%), followed by between 1970-1999 ( 8.34%). There's also some housing in Haddon Heights built between 2000 and later ( 3.62%).
Appreciation rates for homes in Haddon Heights have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 93.38%, which ranks in the top 50% nationwide. This equates to an annual average Haddon Heights house appreciation rate of 6.82%.
Appreciation rates are so strong in Haddon Heights that despite a nationwide downturn in the housing market, Haddon Heights real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Haddon Heights appreciation rates continue to be some of the highest in America, at 6.90%, which is higher than appreciation rates in 87.36% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Haddon Heights. Haddon Heights appreciation rates in the latest quarter were at 2.03%, which equates to an annual appreciation rate of 8.36%.
Relative to New Jersey, our data show that Haddon Heights's latest annual appreciation rate is higher than 60% of the other cities and towns in New Jersey.
$503,722
for New jersey
for nation
3,121
$2,204 / per month