What is the median home value in Spring Lake Borough, NJ?
The median value of owner-occupied homes in Spring Lake Borough, NJ is $2,000,000 or more, as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
Figures last updated on .
- Median home value
- $2,000,000 or more
- Owner-occupied homes
- 1,156 (±98)
- Most common range
- $1,000,000 or more
Home values in Spring Lake Borough
| Value | Spring Lake Borough | Monmouth County | New Jersey | United States |
|---|---|---|---|---|
| Less than $50,000 | 1.0% (±1.5 points) | 1.8% | 2.5% | 5.3% |
| $50,000 to $99,999 | 0.0% (±3.8 points) | 1.3% | 1.8% | 6.1% |
| $100,000 to $149,999 | 0.0% (±3.8 points) | 0.9% | 2.2% | 6.8% |
| $150,000 to $199,999 | 0.0% (±3.8 points) | 1.3% | 4.3% | 9.0% |
| $200,000 to $299,999 | 0.6% (±0.9 points) | 4.7% | 12.9% | 17.8% |
| $300,000 to $499,999 | 1.4% (±1.7 points) | 26.7% | 34.2% | 26.9% |
| $500,000 to $999,999 | 11.2% (±6.8 points) | 49.2% | 34.5% | 20.9% |
| $1,000,000 or more | 85.7% (±6.9 points) | 14.1% | 7.6% | 7.1% |
The most common range is $1,000,000 or more, 85.7% 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.
Spring Lake Borough against Monmouth County, its state and the nation
| Spring Lake Borough | Monmouth County | New Jersey | United States | |
|---|---|---|---|---|
| Median home value | $2,000,000 or more | $606,100 (±$5,540) | $454,400 (±$1,150) | $332,700 |
| Owner-occupied homes | 1,156 (±98) | 190,173 (±1,568) | 2,239,128 (±10,678) | 84,210,142 |
Median home value in places near Spring Lake Borough
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Spring Lake Borough | — | $2,000,000 or more | — |
| Spring Lake Heights Borough | 1.1 mi | $721,100 (±$52,193) | — |
| Lake Como Borough | 1.1 mi | $634,500 (±$46,403) | — |
| West Belmar | 1.3 mi | $531,300 (±$66,225) | — |
| Sea Girt Borough | 1.6 mi | $2,000,000 or more | — |
| Belmar Borough | 1.8 mi | $861,800 (±$45,684) | — |
| Avon-by-the-Sea Borough | 2.7 mi | $1,509,600 (±$256,512) | — |
| Shark River Hills | 2.9 mi | $523,400 (±$45,344) | — |
| Manasquan Borough | 2.9 mi | $988,100 (±$48,386) | — |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Monmouth County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 (tie) | Sea Girt Borough | $2,000,000 or more |
| 1 (tie) | Spring Lake Borough | $2,000,000 or more |
| 3 | Rumson Borough | $1,679,300 (±$168,319) |
| 4 | Deal Borough | $1,642,000 (±$547,941) |
| 5 | Avon-by-the-Sea Borough | $1,509,600 (±$256,512) |
| 6 | Loch Arbour Village | $1,375,000 (±$308,453) |
| 7 | Allenhurst Borough | $1,152,800 (±$107,950) |
| 8 | Interlaken Borough | $1,058,200 (±$52,812) |
Showing 8 of 53 places in Monmouth 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 Spring Lake Borough
What is the average home value in Spring Lake Borough, NJ?
The Census Bureau publishes the median: $2,000,000 or more for owner-occupied homes in Spring Lake Borough (2020–2024 American Community Survey).
Is this what homes in Spring Lake 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Spring Lake borough, Monmouth County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Spring Lake borough, Monmouth County, New Jersey
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Spring Lake borough, Monmouth County, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Spring Lake borough, Monmouth County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Spring Lake borough, Monmouth County, New Jersey (county subdivision:70110, in state:34 county:025).
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.
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 .
Related
- Housing in Spring Lake Borough at a glance
- Income and affordability in Spring Lake Borough
- Homeowner costs in Spring Lake Borough
- Property taxes in Spring Lake Borough
- Types of homes in Spring Lake Borough
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- Heating fuel in Spring Lake Borough
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- Crime reported to police in Spring Lake Borough
- Population growth in Spring Lake Borough
- How long people stay in Spring Lake Borough
- Fair Market Rent in Spring Lake Borough
- New Jersey landlord and tenant rules
- Housing across Monmouth County
- New Jersey places ranked by median home value
- Housing data for every place in New Jersey