![Homeownership Builds Your Wealth over Time [INFOGRAPHIC] | MyKCM](https://files.mykcm.com/2023/01/26130518/Homeownership-Builds-Your-Wealth-In-The-Over-Time-MEM-1046x2314.png)
Some Highlights
- If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership.
- On average, nationwide, home prices appreciated by 288.7% over the last 32 years. That means homeowners grow their net worth significantly in the long term.
- Homeownership wins over time. Let’s connect so you can start your homebuying journey today.
Shea Merritt is a licensed New Jersey real estate agent with eXp Realty, working with buyers and sellers across Middlesex, Monmouth, and Ocean counties. He grew up in Old Bridge. He writes here about the arithmetic behind a move: what a house would actually bring today, what the tax line does to a monthly payment, and how to compare offers on their terms rather than on the top number. If you are weighing a sale or a purchase, send him the address and he will run the numbers on it.