The housing market in 08057 Moorestown-Lenola, NJ is significantly outperforming the national average. The median value in this area is currently $632,100, which is much higher than the US median value of $338,100. This difference is even more pronounced when you compare the house appreciation rate for this area and the US. In Moorestown-Lenola, the 1 year house appreciation rate is 15.62%, while it is only 8.27% nationally. These numbers illustrate that Moorestown-Lenola has a healthy real estate market that shows no signs of slowing down soon.
The median home cost in Moorestown-Lenola (zip 08057) is $632,100. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Moorestown-Lenola (zip 08057) is up 18.1%.
Average Age of Homes
- The median age of Moorestown-Lenola (zip 08057) real estate is 54 years old
The Rental Market in Moorestown-Lenola (zip 08057)
- Renters make up 14.7% of the Moorestown-Lenola (zip 08057) population
- 1.1% of houses and apartments in Moorestown-Lenola (zip 08057), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.