Laurel Lake, NJ Housing

The housing market in Laurel Lake, NJ is thriving. The median value of a house in the area is currently $133,400, slightly lower than the US average of $338,100. However, there has been a significant increase in appreciation over the past year with the US average standing at 8.27% and Laurel Lake's appreciation rate being 10.41%. This shows that houses in this area are becoming more valuable and attractive to potential buyers.

The median home cost in Laurel Lake is $133,400. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Laurel Lake is up 17.5%.

Average Age of Homes

- The median age of Laurel Lake real estate is 42 years old

The Rental Market in Laurel Lake

- Renters make up 30.8% of the Laurel Lake population
- 0.0% of houses and apartments in Laurel Lake, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Laurel Lake, New Jersey	United States
	1,019.0	139,647,020.0
	44	42
	$133,400	$338,100
	17.5%	16.6%
	54.3%	57.0%
	58.8%	101.1%
	$26.53	$10.98
	$3,035	$2,690
	55.7%	57.4%
	14.0%	11.2%
	30.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	14.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	4.9%	2.4%
	0.0%	2.8%
	8.3%	3.9%
	24.6%	4.5%
	35.4%	11.3%
	12.9%	13.0%
	13.0%	20.1%
	0.0%	13.6%
	0.9%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.6%	13.6%
	10.6%	13.6%
	3.0%	13.6%
	23.9%	13.2%
	31.3%	14.8%
	3.0%	13.6%
	8.3%	10.0%
	0.8%	4.7%
	3.0%	12.2%