The housing market in Leonardo, NJ is thriving. The median value for homes in Leonardo is $380,800, which is significantly higher than the US median value of $338,100. Additionally, the one-year appreciation in Leonardo is 11.40%, far higher than the US average of 8.27%. This suggests that investing in the housing market in Leonardo would be a sound decision and could yield great returns.
The median home cost in Leonardo is $380,800. Home appreciation the last 10 years has been 78.1%. Home Appreciation in Leonardo is up 17.5%.
Average Age of Homes
- The median age of Leonardo real estate is 78 years old
The Rental Market in Leonardo
- Renters make up 15.0% of the Leonardo population
- 8.2% of houses and apartments in Leonardo, 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.