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 a population of 31,000, 10,378 total housing units (homes and apartments), and a median house value of $991,866, Livingston house prices are not only among the most expensive in New Jersey, Livingston real estate also is some of the most expensive in all of America.
Livingston is a township of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Livingston than is found in 98% of the communities in America.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Livingston. Owner-occupied housing accounts for 86.13% of Livingston's homes, and 70.89% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Livingston's housing was primarily built during this period, from the '40s through the '60s. A full 57.61% of the township's housing hails from this era. Other housing ages represented in Livingston include homes built between 1970-1999 ( 17.18%) and housing constructed between 2000 and later ( 16.73%). There's also some housing in Livingston built before 1939 ( 8.47%).
Livingston's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Livingston during the period has been just 4.68%, which is lower than 80% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Livingston's appreciation rate, at 4.85%, has been at or slightly above the national average. In the latest quarter, Livingston's appreciation rate has been 0.41%, which annualizes to a rate of 1.66%.
Relative to New Jersey, our data show that Livingston's latest annual appreciation rate is lower than 50% 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 township. Individual neighborhoods within Livingston differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Livingston - 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 Livingston real estate investment or home purchase decisions.
$991,866
for New jersey
for nation
10,378
$5,453 / per month