Mount Laurel, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 662 transactions over the past year in Mount Laurel. The median value for residential home transactions that occurred over the previous year is $376,809.85. The number of current listings in Mount Laurel is 24, and the percentage of properties for sale in the city is 24.00%. Mount Laurel, NJ currently has 135 properties in foreclosure, 3 bank owned properties, 13 properties headed for auction, and 24 properties for sale.
Mount Laurel, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 08054 | $ 366,100 $ 221/sqft |
Housing Market Summary for Mount Laurel, NJ
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $345K | $348.9K | 1.13% |
| Median Sold Price | $315K | $348.9K | 10.76% |
| Homes For Sale | 16 | 23 | 43.75% |
| Homes Sold | 392 | 305 | -22.19% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Mount Laurel, NJ
Browse Homes in Mount Laurel, NJ
Mount Laurel home values range from $116,700 to $888,000. The median estimated value of a home in Mount Laurel is $376,809.85. The median list price of a home is 394,900, and the total count of properties in the city is 16,489.
- Pre-ForeclosurePre-foreclosure homes account for 0.72% of all residential properties in Mount Laurel, NJ with 08054 containing 119 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Mount Laurel, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $852,800 in 08054 to the lowest home value of $119,500 in 08054.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Mount Laurel, NJ ranges from the highest value of $302,000 in 08054 to the lowest value of $243,100 in 08054. Bank owned homes and properties account for 0.02% of properties in Mount Laurel, NJ. There is 1 zips within Mount Laurel, NJ; 08054 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08054 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Mount Laurel, NJ. Auction homes and other auction properties account for 0.08% of all properties in Mount Laurel, NJ. There is 1 zips within Mount Laurel, NJ; of that zips, the median estimated home value for homes going to auction ranges from $725,900 in 08054 to the lowest value of $227,000 in 08054.
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More Real Estate Resources for Mount Laurel, NJ
Guide for Mount Laurel, NJ
The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.
The Jersey City real estate market continues to show robust growth with prices rising to an average of $595,000 per property and $394 per square foot in February 2024.
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.
