Manalapan, FL is an affluent area with a median housing value of 3,937,800. This is much higher than the US median value of 338,100 and indicates that Manalapan is one of the more expensive places to purchase a home. What’s even more impressive is the fact that in the past year, Manalapan has experienced an appreciation rate of 22.04%. This is nearly three times higher than the US national rate of 8.27%, and demonstrates that real estate values are increasing at a rapid pace in this Florida city.
The median home cost in Manalapan is $3,937,800. Home appreciation the last 10 years has been 200.8%. Home Appreciation in Manalapan is up 27.8%.
Average Age of Homes
- The median age of Manalapan real estate is 40 years old
The Rental Market in Manalapan
- Renters make up 1.8% of the Manalapan population
- 0.0% of houses and apartments in Manalapan, 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.