Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Far Hills area can be challenging. Home prices in Far Hills are now at a median cost of $753,160, higher than the New Jersey average of $388,929.
The average cost of rent is $2,232/mo in Far Hills, primarily driven by the current value of real estate in the Far Hills area. While nearly 42.67% of residents own their homes outright in Far Hills, 12.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Far Hills is $12,418 per month. Households that rent pay about 17.97% of their income on rent here. Far Hills's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Peapack and Gladstone, NJ: equally priced homes
- Bernardsville, NJ: equally priced homes
- Gladstone, NJ: less expensive homes
- Bedminster, NJ: less expensive homes
- Basking Ridge, NJ: equally priced homes
- Lamington, NJ: less expensive homes
- Pottersville, NJ: less expensive homes
- Mendham, NJ: equally priced homes
- Bernards, NJ: less expensive homes
- Madisonville, NJ: higher priced homes
Cities with Similar Populations
- Eldora, IA: less expensive homes
- Stanwood, MI: less expensive homes
- Monroe, VA: less expensive homes
- Pembroke, VA: less expensive homes
- Ranburne, AL: less expensive homes
- River Heights, UT: less expensive homes
- Rugby, ND: less expensive homes
- Rush, NY: less expensive homes
- Sistersville, WV: less expensive homes
- Soso, MS: less expensive homes
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