Lavallette, NJ—08735
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lavallette, NJ
As of Oct '25, the median home price in Lavallette, NJ is $1,107,000, with a year-over-year change of 1.3%. This indicates that home prices in Lavallette, NJ are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,107,000 | 1.3% |
| Single Family | $1,168,000 | 1.6% |
| Condos | $701,000 | 2.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $671,000 | 1.4% |
3 Bed | $1,050,000 | 1.6% |
4 Bed | $1,500,000 | 2.0% |
| 5 Bed | $1,917,000 | 1.9% |
% of Housing Stock
Rental Trends — Lavallette, NJ
As of July '25, Rentcast reports the average rent in Lavallette, NJ is $4,100, with a year-over-year rent change of -3.8%. Per bedroom, the median rent as of July '25 in Lavallette, NJ is 1-bedrooms: $1,800, 2-bedrooms: $2,420, 3-bedrooms: $4,120, 4-bedrooms: $4,690. The most common rental property sizes in Lavallette, NJ are 3-bedroom and 2-bedroom, accounting for 44.7% and 41.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $4,100 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,800 | $1,800 |
| 2 Bed Rent | $2,400 | $2,420 |
| 3 Bed Rent | $3,600 | $4,120 |
| 4 Bed Rent | $4,200 | $4,690 |
% of Rental Stock
Property Listings — Lavallette, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Lavallette, NJ is 46. This is a increase of 15.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 7.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,950,000 | 41.0% |
Listing Count | 59 | -15.0% |
| Listings as % of Homes | 0.6% | -15.0% |
Days on Market | 46 | 15.0% |
Demographics — Lavallette, NJ
As of the latest ACS Survey released in 2023, Lavallette, NJ has a population of 3,440, which has decreased by -11.3% over the past 5 years. Lavallette, NJ is a less popular place for families, as children make up 9.3% of the population. The area has a highly educated workforce, with 50.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,440 | -11.3% |
% Under 18 | 9.3% | 25.7% |
% Seniors | 44.5% | -5.7% |
% WFH | 20.5% | 105.0% |
% w/ College Degree | 50.3% | 5.5% |
As of the latest ACS Survey released in 2023, Lavallette, NJ is a predominantly white area, with 89.2% of the population identifying as white. The white population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Lavallette, NJ is hispanic, making up 6.4% of the population. Foreign-born residents account for 5.8% of the population in Lavallette, NJ, and this percentage has increased by 1.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.2% | -6.4% |
% Black | 0.0% | -100.0% |
% Hispanic | 6.4% | 93.9% |
% Asian | 0.4% | 33.3% |
% Foreign Born | 5.8% | 1.8% |
Mortgage and Risk — Lavallette, NJ
According to HUD data as of 2023, there were 161 mortgage originations in Lavallette, NJ, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Lavallette, NJ. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 161 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 2.0% |
% Second Loans | 58.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Lavallette, NJ
Lavallette, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$220 | $1,800 | $1,580 |
| 2 Bedroom | -$450 | $2,400 | $1,950 |
| 3 Bedroom | -$1,000 | $3,600 | $2,600 |
| 4 Bedroom | -$1,310 | $4,200 | $2,890 |
Affordability — Lavallette, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 11.6 |
| Median Home Price | $1,107,000 |
| Median Household Income | $85,300 |