What is the median home value in Lavallette Borough, NJ?

The median value of owner-occupied homes in Lavallette Borough, NJ is $1,089,000 (±$57,966), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Lavallette Borough, the median home value went from $733,200 in 2015–2019 to $1,089,000 in 2020–2024 (+48.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$1,089,000 (±$57,966)
Owner-occupied homes
708 (±96)
Most common range
$1,000,000 or more

Home values in Lavallette Borough

Owner-occupied homes by value, 2020–2024
ValueLavallette BoroughOcean CountyNew JerseyUnited States
Less than $50,0001.3% (±1.4 points)3.6%2.5%5.3%
$50,000 to $99,9990.6% (±1.0 points)3.8%1.8%6.1%
$100,000 to $149,9990.6% (±0.9 points)2.7%2.2%6.8%
$150,000 to $199,9990.0% (±6.2 points)4.5%4.3%9.0%
$200,000 to $299,9992.1% (±1.8 points)15.7%12.9%17.8%
$300,000 to $499,9991.8% (±1.5 points)37.4%34.2%26.9%
$500,000 to $999,99934.0% (±6.3 points)26.4%34.5%20.9%
$1,000,000 or more59.6% (±7.0 points)5.9%7.6%7.1%

The most common range is $1,000,000 or more, 59.6% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Lavallette Borough against Ocean County, its state and the nation

Estimate (90% margin of error)
Lavallette BoroughOcean CountyNew JerseyUnited States
Median home value$1,089,000 (±$57,966)$398,400 (±$3,284)$454,400 (±$1,150)$332,700
Owner-occupied homes708 (±96)196,874 (±2,083)2,239,128 (±10,678)84,210,142

In Lavallette Borough, the median home value is higher than in Ocean County ($398,400).

It is also higher than in New Jersey ($454,400).

It is higher than the national figure ($332,700).

In Ocean County, Lavallette Borough ranks 7 of 33 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 26 of 561.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Lavallette Borough have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$733,200 (±$46,310)$1,089,000 (±$57,966)+48.5%Up after inflation
Median owner cost with a mortgage$2,596 (±$183)$2,935 (±$338)+13.1%No measurable change after inflation
Median real estate taxes$6,421 (±$288)$7,462 (±$496)+16.2%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Lavallette Borough

Nearest places with a published estimate, compared with Lavallette Borough
PlaceDistanceMedian home valueCompared with this place
Lavallette Borough—$1,089,000 (±$57,966)—
Dover Beaches South1.1 mi$753,400 (±$61,573)Lower
Dover Beaches North1.7 mi$725,900 (±$101,463)Lower
Seaside Heights Borough1.7 mi$408,200 (±$65,658)Lower
Seaside Park Borough3.0 mi$860,200 (±$64,680)Lower
Island Heights Borough4.3 mi$546,800 (±$51,067)Lower
Ocean Gate Borough4.5 mi$358,000 (±$13,892)Lower
Toms River Township5.3 mi$416,700 (±$9,685)Lower
Pine Beach Borough5.7 mi$457,800 (±$10,857)Lower

Nearby places with a measurably lower figure: Dover Beaches South, NJ ($753,400), Dover Beaches North, NJ ($725,900), Seaside Heights Borough, NJ ($408,200).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Ocean County, place by place

RankPlaceMedian home value
1Mantoloking Borough$2,000,000 or more
2Bay Head Borough$1,864,000 (±$317,361)
3Beach Haven Borough$1,472,200 (±$183,201)
4Harvey Cedars Borough$1,224,400 (±$103,555)
5Long Beach Township$1,193,700 (±$56,185)
6Barnegat Light Borough$1,107,800 (±$97,500)
7Lavallette Borough$1,089,000 (±$57,966)
8Surf City Borough$1,034,000 (±$85,344)
9Ship Bottom Borough$975,800 (±$54,010)
10Seaside Park Borough$860,200 (±$64,680)
11Point Pleasant Beach Borough$850,300 (±$69,057)
12Point Pleasant Borough$575,300 (±$28,093)
13Island Heights Borough$546,800 (±$51,067)

Showing 13 of 33 places in Ocean County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lavallette Borough

What is the average home value in Lavallette Borough, NJ?

The Census Bureau publishes the median: $1,089,000 (±$57,966) for owner-occupied homes in Lavallette Borough (2020–2024 American Community Survey).

Have home values in Lavallette Borough gone up?

In Lavallette Borough, the median home value went from $733,200 in 2015–2019 to $1,089,000 in 2020–2024 (+48.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Lavallette Borough sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lavallette borough, Ocean County, New Jersey (county subdivision:39390, in state:34 county:029).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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