Lawrenceville, NJ is known for its appealing housing market. The median home value currently stands at $361,000, higher than the US median value of $338,100. Furthermore, Lawrenceville's house appreciation rate over the last year was 15.39%, over 7% higher than the nation's average of 8.27%. This makes it a great place to invest in a new home or current property due to its above-average rates of return and appreciation potential.
The median home cost in Lawrenceville is $361,000. Home appreciation the last 10 years has been 62.8%. Home Appreciation in Lawrenceville is up 19.5%.
Average Age of Homes
- The median age of Lawrenceville real estate is 33 years old
The Rental Market in Lawrenceville
- Renters make up 7.4% of the Lawrenceville population
- 0.8% of houses and apartments in Lawrenceville, 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.