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Housing in Laurel Lake

A typical Laurel Lake home is worth roughly $209,000

The median sale price was $272,000 in May 2026.

Typical home value
$209K
▲ 4.3% in a year · NJ $454K
Estimate
Median sale price
$272K
May 2026 · Redfin
Homes sold
2
in May · 19 for sale
2-bedroom rent
$1,630
a month, utilities in · HUD
Median tax bill
$3,254
NJ $9,590

Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.

What kind of housing town is Laurel Lake?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 3.8 years of income

Less than across New Jersey (4.4 years). Try your own numbers below.

You could afford about
$187,000
Typical Laurel Lake home $209K

That’s $22K short of a typical Laurel Lake home.

The typical home, each month
$1,460
Loan $1,040Tax $360Insurance $60

A two-bedroom rents for about $1,630 a month here, $170 more than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Laurel Lake’s typical property tax (2.08% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Home prices up 80% in 5 years

The federal house price index for the ZIP code around Laurel Lake rose 80% over the past 5 years, faster than across New Jersey (63%). Last year prices rose 4.3%. Carrying the Census median home value forward with that index puts the typical Laurel Lake home at roughly $209,000 today.

Laurel Lake areaNew Jersey
0%+50%+100%+150%+200%200020052010201520202025
+4.3%
past year
+80%
past 5 years
+107%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $209K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Laurel Lake, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $1,630

Renters already here pay a median of $1,200, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,250
1 bedroom$1,340
2 bedrooms$1,630
3 bedrooms$2,240
4 bedrooms$2,250
27%
of households rent · NJ 36%
311
renter households
56%
of renters spend 30%+ of income on rent · NJ 52%
35%
of the median income, for a two-bedroom
$1,200
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Vineland, NJ MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

73% of Laurel Lake households own their home

Half of Laurel Lake’s homes were built before 1977.

Owners and renters
Own 73%Rent 27%

New Jersey: 64% own.

1977
typical home built · NJ 1970
$3,254
median property tax bill · NJ $9,590
2.08%
of a home’s value, a year in tax · NJ 2.11%

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Laurel Lake vs. its neighbors

Laurel Lake is the 2nd least expensive of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Laurel Lake$209K*+4.3%†$1,630—$55,574
Commercial$162K*—$1,9908$55,733
Millville$262K+1.9%$1,63019$70,275

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Laurel Lake buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Laurel Lake still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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