Market Overview
Home Prices in Mt Laurel Township, NJ
The median home value in Mt Laurel Township, NJ is $408,429 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.8% compared to a year ago and up 3.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mt Laurel Township are priced0% below average. Mt Laurel Township is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro area.
Over the past five years, Mt Laurel Township home values have risen by approximately40.4%, reflecting strong long-term appreciation in this market.
Price History
Mt Laurel Township Home Price Trend
City Comparison
Mt Laurel Township vs. National Median
At $408,429, homes in Mt Laurel Township cost 0% below the national median of $410,000. This makes Mt Laurel Township a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mt Laurel Township?
20% Down Payment
$81,686
on $408,429
Monthly P&I
$2,130/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,705/mo
incl. taxes & insurance
Income Needed
$108,200
gross annual (30% rule)
10% Down Option
$40,843
+ PMI applies
Loan Amount (20% dn)
$326,743
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Mt Laurel Township, NJ?
The median home value in Mt Laurel Township is $408,429 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.8% year-over-year.
How much have home prices changed in Mt Laurel Township?
Over the past year, home values in Mt Laurel Township have increased by 2.8%. Over five years, prices have risen approximately 40.4%.
How much do I need to earn to buy a home in Mt Laurel Township?
To comfortably afford the median home price of $408,429 with a 20% down payment ($81,686) at today's rates (6.8%), you'd need a gross annual income of approximately $108,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Mt Laurel Township compare to the national average home price?
The national median home value is approximately $410,000. At $408,429, homes in Mt Laurel Township are 0% below the national average.
What metro area is Mt Laurel Township part of?
Mt Laurel Township is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area. Home prices and market conditions can vary across the broader metro region.