The Lanning Square housing market is somewhat competitive. The median sale price of a home in Lanning Square was $109K last month, up 3.5% since last year. The median sale price per square foot in Lanning Square is $86, up 93.3% since last year.
What is the housing market like in Lanning Square today?
In March 2024, Lanning Square home prices were up 3.5% compared to last year, selling for a median price of $109K. On average, homes in Lanning Square sell after 53 days on the market compared to 121 days last year. There were 20 homes sold in March this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$108,696
+3.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lanning Square, NJ
$108,696
+3.5%
United States
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How hot is the Lanning Square housing market?
Lanning Square is somewhat competitive. Homes sell in 53 days.
0
100
68
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 4% above list price and go pending in around 53 days.
Hot homes
can sell for about 9% above list price and go pending in around 48 days.
Kipp: Cooper Norcross A New Jersey Nonprofit Corporation
Public • K-9
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Students
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Climate's impact on Lanning Square housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lanning Square.
Risk Factor
Flood Factor - Major
52% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lanning Square has a major risk of flooding. 769 properties in Lanning Square are likely to be
severely affected
by flooding over the next 30 years. This represents 52% of all properties in Lanning Square. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Lanning Square has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lanning Square is most at risk from hurricanes. 2,289 properties in Lanning Square have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 81 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 91 mph.