Lake Telemark, NJ is a great place to invest in housing. The median value of homes in the area is $385,600, which is significantly higher than the US median of $338,100. Furthermore, the 1 year house appreciation rate in Lake Telemark was 10.13%, greater than the US overall appreciation rate of 8.27%. With such attractive statistics and an overall appealing atmosphere, Lake Telemark is a great place to look for real estate investments that are sure to appreciate over time.
The median home cost in Lake Telemark is $385,600. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Lake Telemark is up 14.2%.
Average Age of Homes
- The median age of Lake Telemark real estate is 58 years old
The Rental Market in Lake Telemark
- Renters make up 6.2% of the Lake Telemark population
- 0.0% of houses and apartments in Lake Telemark, 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.