Home prices
The median home cost in Lake Telemark is $336,600. This is approximately $150,600 (30%) lower compared to nearby areas.In comparison to the rest of the country it is roughly $119,100 (54%) higher, and is roughly $269,400 (44%) lower in comparison to the city of New York.
Rents
Lake Telemark's median rent is $1,515 per month. This is roughly $142 (8%) lower in comparison to the surrounding areas.In comparison to the nation as a whole it is roughly $453 (42%) higher, and is roughly $72 (4%) higher in comparison to the city of New York.
Nearby places
White Meadow Lake
White Meadow Lake is approximately 2 miles south of Lake Telemark. Its real estate prices are pretty similar. The cost of the median home in White Meadow Lake is $353,600, which comes out to $17,000 (4%) higher than Lake Telemark. Its rents are a little more expensive. White Meadow Lake's median monthly rent is $1,743, which comes out to $228 (13%) higher than Lake Telemark.
Rockaway
Rockaway is roughly 4 miles south from Lake Telemark. The housing prices there are pretty similar. The median home in Rockaway is valued at $344,800, which is $8,200 (2%) higher than Lake Telemark. Rents there are a bit less expensive. The median monthly rent in Rockaway is $1,367, which is $148 (10%) lower than Lake Telemark.
Kinnelon
Kinnelon is approximately 5 miles east from Lake Telemark. Its real estate prices are a lot more expensive. The median home value in Kinnelon is $570,800, which is $234,200 (41%) higher than Lake Telemark. Rent there is somewhat more expensive. Kinnelon's median monthly rent is $2,040, which works out to $525 (25%) higher than Lake Telemark.
Mountain Lakes
Mountain Lakes is roughly 5 miles southeast of Lake Telemark. Housing prices there are a lot more expensive. The median home value in Mountain Lakes is $867,200, which is $530,600 (61%) higher than Lake Telemark. Rents there are pretty similar. The median monthly rent in Mountain Lakes is $1,454, which works out to $61 (4%) lower than Lake Telemark.
Wharton
Wharton is about 5 miles southwest from Lake Telemark. The real estate prices there are a bit less expensive. The value of the median home in Wharton is $299,600, which comes out to $37,000 (12%) lower than Lake Telemark. Its rents are a little more expensive. Wharton's median monthly rent is $1,681, which works out to $166 (9%) higher than Lake Telemark.