Cities with the fastest growing home prices in Vineland metro area

Written by:
January 19, 2023
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Cities with the fastest growing home prices in Vineland metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Vineland-Bridgeton, NJ metro area using data from Zillow. Cities are ranked by 1-year price change as of December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. All 5 cities and towns with data available were included in the list.

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1 / 5
Stacker

#5. Millville, NJ

- 1-year price change: +$15,956 (+8.6%)
- 5-year price change: +$81,564 (+67.4%)
- Typical home value: $202,504 (#5 most expensive city in metro)
2 / 5
Stacker

#4. Bridgeton, NJ

- 1-year price change: +$20,190 (+10.7%)
- 5-year price change: +$75,485 (+56.4%)
- Typical home value: $209,336 (#4 most expensive city in metro)
3 / 5
Stacker

#3. Shiloh, NJ

- 1-year price change: +$24,155 (+11.7%)
- 5-year price change: +$79,522 (+52.5%)
- Typical home value: $230,859 (#3 most expensive city in metro)
4 / 5
Stacker

#2. Vineland, NJ

- 1-year price change: +$25,016 (+10.8%)
- 5-year price change: +$96,626 (+60.5%)
- Typical home value: $256,392 (#1 most expensive city in metro)
5 / 5
Stacker

#1. Greenwich, NJ

- 1-year price change: +$37,633 (+18.1%)
- 5-year price change: +$94,840 (+63.1%)
- Typical home value: $245,085 (#2 most expensive city in metro)

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