2024 Compare Cities Housing:
Lake Lure, NC vs Morristown, NJ

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Highlights
- The median age of a home in Lake Lure is 76.5% younger than the median age of a home in Morristown.
 Lake Lure, NCMorristown, NJUnited States
 Median Home Age346042
 Median Home Cost$437,200$728,200$338,100
 Home Appr. Last 12 months22.1%12.1%16.6%
 Home Appr. Last 5 yrs.71.4%29.3%57.0%
 Home Appr. Last 10 yrs.106.2%44.3%101.1%
 Property Tax Rate$7.9$22.0$11.0
 Homes Owned31.8%34.2%57.4%
 Housing Vacant63.3%5.8%11.2%
 Homes Rented5.0%60.0%31.4%
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 Avg Rent For Home Or Apartment
 Lake Lure, NCMorristown, NJUnited States
 Average Rent$970$2,960$1,840
 Studio Apartment$650$1,660$1,080
 1 Bedroom Home or Apartment$650$1,970$1,180
 2 Bedroom Home or Apartment$770$2,360$1,430
 3 Bedroom Home or Apartment$980$3,000$1,860
 4 Bedroom Home or Apartment$1,190$3,520$2,160
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 Vacant Housing
 Lake Lure, NCMorristown, NJUnited States
 Vacant For Rent15.3%5.0%1.9%
 Vacant Rented1.2%0.0%0.4%
 Vacant For Sale1.1%0.2%0.7%
 Vacant Sold0.3%0.0%0.4%
 Vacant Vacation41.4%0.1%3.6%
 Vacant Other3.9%0.5%4.1%
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 Owner-Occupied Housing Value
 Lake Lure, NCMorristown, NJUnited States
 Less Than $20,0000.1%0.0%2.6%
 $20,000 to $39,9990.0%1.0%2.4%
 $40,000 to $59,9990.0%0.0%2.8%
 $60,000 to $79,9991.6%0.0%3.9%
 $80,000 to $99,9990.0%0.0%4.5%
 $100,000 to $149,9994.2%1.7%11.3%
 $150,000 to $199,9996.9%0.0%13.0%
 $200,000 to $299,99913.8%6.0%20.1%
 $300,000 to $399,99929.7%23.0%13.6%
 $400,000 to $499,9996.9%26.5%8.3%
 $500,000 to $749,99914.6%28.7%9.7%
 $750,000 to $999,9995.0%8.9%3.9%
 $1,000,000 to $1,499,99915.5%4.3%2.2%
 $1,500,000 to $1,999,9990.0%0.0%0.8%
 $2,000,000 and over1.7%0.0%1.1%
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 Housing Units By Year Built
 Lake Lure, NCMorristown, NJUnited States
 2015 and Newer0.0%0.0%0.2%
 2010 to 201423.0%6.9%13.6%
 2000 to 200923.0%6.9%13.6%
 1990 to 199915.1%8.1%13.6%
 1980 to 198918.9%8.8%13.2%
 1970 to 197919.5%7.6%14.8%
 1960 to 196915.1%8.1%13.6%
 1950 to 19597.3%14.9%10.0%
 1940 to 19493.0%7.3%4.7%
 1939 or Earlier2.9%26.6%12.2%
Reviews for Lake Lure    3 Reviews

I was only here on vacation for about a week or so... But in this relatively-short span of time, I came to not only love this place, but also adore it. I also adore  More

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Lake Lure has a retirement community that has been slowly discovered - Rumbling Bald Mountain Resort. This small lake area community has beautiful mountain views,  More

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Over 14 years ago

Hello My wife and I have lived in Lake Lure in the Hickory full time since 2002. It is in many ways the best kept secret in Western NC. We live in the Rumbling Bald  More

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Reviews for Morristown    3 Reviews

Over 10 years ago

Morristown has great stores and restaurants. We love the easy access to NYC (50 minute train ride). Cost of living is pretty high (due to taxes) and the weather can be  More

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Hello all, I am new here was asked to comment on my area of the planet where I have lived for the last 12 years. Morristown is the county seat of Morris County. The  More

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Over 16 years ago

Morristown has a great variety of opportunities in many ways. A close 50 minute commute to Manhattan, it is very metropolitan while also has the best of suburban and  More

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