Lavallette, NJ is a desirable place to live, with a median housing value of $910,500 that is nearly triple the US median housing value of $338,100. This offers great potential for investment in real estate in the area and is reflected in the house appreciation over the past year - 13.53%, which is significantly higher than the US average of 8.27%. With such attractive prospects for property growth and high quality of life it's no wonder so many people are flocking to Lavallette.
The median home cost in Lavallette is $910,500. Home appreciation the last 10 years has been 85.4%. Home Appreciation in Lavallette is up 19.0%.
Average Age of Homes
- The median age of Lavallette real estate is 54 years old
The Rental Market in Lavallette
- Renters make up 4.6% of the Lavallette population
- 0.5% of houses and apartments in Lavallette, 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.