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 3,346 people, 1,284 houses or apartments, and a median cost of homes of $415,488, Sewell real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Sewell, accounting for 87.46% of the town's housing units. Other types of housing that are prevalent in Sewell include row houses and other attached homes ( 12.54%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Sewell. Owner-occupied housing accounts for 99.06% of Sewell's homes, and 92.76% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Sewell built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Sewell built between 1940-1969 ( 33.18%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.59%). There's also some housing in Sewell built before 1939 ( 5.45%).
Real estate appreciation rates in Sewell's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.91% during the period.
NeighborhoodScout's data show that during the latest twelve months, Sewell's appreciation rate, at 6.29%, has been at or slightly above the national average. In the latest quarter, Sewell's appreciation rate has been 0.82%, which annualizes to a rate of 3.32%.
Relative to New Jersey, our data show that Sewell's latest annual appreciation rate is higher than 80% of the other cities and towns in New Jersey.
One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Sewell differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Sewell - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Sewell real estate investment or home purchase decisions.
$415,488
for New jersey
for nation
1,284
$2,188 / per month