The housing market in Laurence Harbor, NJ is thriving. The median value of a house in the area is currently $323,900, which is slightly lower than the US House median value of $338,100. However, that's not the case when it comes to recent appreciation rates. The US 1 year house appreciation rate was 8.27%, while Laurence Harbor recorded an impressive 10.99% rate of house appreciation over the same period. This demonstrates that Laurence Harbor has a strong housing market with demand for homes quickly increasing and values continually rising.
The median home cost in Laurence Harbor is $323,900. Home appreciation the last 10 years has been 66.3%. Home Appreciation in Laurence Harbor is up 15.9%.
Average Age of Homes
- The median age of Laurence Harbor real estate is 57 years old
The Rental Market in Laurence Harbor
- Renters make up 22.4% of the Laurence Harbor population
- 3.0% of houses and apartments in Laurence Harbor, 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.