Spring Lake Heights, NJ is a desirable place to live, with a median housing value of $572,000. This is significantly higher than the US median value of $338,100 and reflects the desirability of this location. In addition, the 1-year appreciation rate for homes in Spring Lake Heights is 11.40%, significantly higher than the 8.27% appreciation rate seen nationally. Given these factors, it is clear that investing in housing in Spring Lake Heights is a wise decision that will yield significant returns over time.
The median home cost in Spring Lake Heights is $572,000. Home appreciation the last 10 years has been 78.1%. Home Appreciation in Spring Lake Heights is up 17.5%.
Average Age of Homes
- The median age of Spring Lake Heights real estate is 49 years old
The Rental Market in Spring Lake Heights
- Renters make up 37.6% of the Spring Lake Heights population
- 0.4% of houses and apartments in Spring Lake Heights, 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.