The housing in 08054 Mount Laurel, NJ is a great investment for those looking to buy or rent. The median value for the area is $315,600 which is lower than the US House Median Value of $338,100, but it has had a higher appreciation rate than the national average over the past year at 15.62%. This means that there is potential for significant growth in property values and rental income in this area, making it an attractive location for both buyers and renters alike.
The median home cost in Mount Laurel (zip 08054) is $315,600. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Mount Laurel (zip 08054) is up 18.1%.
Average Age of Homes
- The median age of Mount Laurel (zip 08054) real estate is 30 years old
The Rental Market in Mount Laurel (zip 08054)
- Renters make up 16.6% of the Mount Laurel (zip 08054) population
- 1.1% of houses and apartments in Mount Laurel (zip 08054), 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.