Lake Como, NJ has an impressive median housing value of $653,400, which is more than double the US median housing value of $338,100. In the past year, Lake Como has seen a staggering 11.40% appreciation in house values, which is significantly higher than the 8.27% appreciation rate for the US as a whole. This shows that Lake Como is a desirable area to live and invest in property and suggests that there will be continued growth in house prices in the future.
The median home cost in Lake Como is $653,400. Home appreciation the last 10 years has been 78.1%. Home Appreciation in Lake Como is up 17.5%.
Average Age of Homes
- The median age of Lake Como real estate is 62 years old
The Rental Market in Lake Como
- Renters make up 30.1% of the Lake Como population
- 0.9% of houses and apartments in Lake Como, 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.