The housing market in 07849 Lake Hopatcong, NJ is flourishing with a median value of $391,000 which is higher than the US House Median Value of $338,100. Over the past year, the US House Appreciation has been 8.27%, however, in 07849 Lake Hopatcong, NJ the appreciation has seen an increase of 10.13%. This trend is encouraging and suggests that the area’s housing market is continuing to grow.
The median home cost in Lake Hopatcong (zip 07849) is $391,000. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Lake Hopatcong (zip 07849) is up 14.2%.
Average Age of Homes
- The median age of Lake Hopatcong (zip 07849) real estate is 50 years old
The Rental Market in Lake Hopatcong (zip 07849)
- Renters make up 6.7% of the Lake Hopatcong (zip 07849) population
- 0.0% of houses and apartments in Lake Hopatcong (zip 07849), 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.