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LAKE HIAWATHA, NJ 07034

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The LAKE HIAWATHA, NJ real estate market (07034) currently shows 27 active listings, with 12 pending sales. Homes are averaging 23 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are selling faster, averaging 23 days on market compared to 34 days last year.

The median listing price has risen 2.7% year-over-year, from $482,000 to $495,000.

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Market Context

Market Context

Population: 10,064  ·  Density: 3,058.8/mi²  ·  Median household income: $95,673

Typical home value: $390,079  ·  Homeownership: 59.6%

Market Overview

Active Listings
27
⇧ 22.7% vs 22 last year
Pending
12
44% pending ratio
Median Price
$495,000
⇧ 2.7% vs $482,000 last year
Average Price
$544,044
⇧ 9.6% vs $496,613 last year
Days on Market
23
⇩ 32.4% vs 34 days last year

Price Per Square Foot

Median $/sqft
$416
⇧ 1.5% vs $410/sqft last year
Median Home Size
1,301 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 27 this year vs 22 last year
  • Days on market: 23 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $495,000 (+2.7% YoY)
  • Average: $544,044 (+9.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.9 miles — 293 listings ($260,453,883 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07034Lake Hiawatha, NJ 070340.0 mi13$7,296,302$505,750$561,254
07054Parsippany, NJ 070542.1 mi25$19,118,850$717,750$764,754
07046Mountain Lakes, NJ 070463.3 mi8$15,718,664$1,250,000$1,964,833
07005Boonton, NJ 070053.8 mi28$29,902,628$789,000$1,067,951
07936East Hanover, NJ 079364.3 mi19$17,915,917$925,000$942,943
07035Lincoln Park, NJ 070355.0 mi17$9,923,818$566,500$583,754
07006Caldwell, NJ 070065.5 mi29$32,948,553$724,000$1,136,157
07834Denville, NJ 078345.6 mi41$26,674,600$481,975$650,600
07950Morris Plains, NJ 079505.9 mi33$18,920,814$618,700$573,358
07440Pequannock, NJ 074406.4 mi7$3,465,000$495,000$495,000
07932Florham Park, NJ 079327.1 mi16$28,143,552$1,873,500$1,758,972
07405Butler, NJ 074057.4 mi34$36,722,958$722,250$1,080,087
07044Verona, NJ 070447.9 mi23$13,702,227$607,000$595,749

Frequently Asked Questions

How many homes are for sale in LAKE HIAWATHA, NJ 07034?

As of September 2026, there are 27 active listings in LAKE HIAWATHA, NJ (zip code 07034), compared to 22 the prior year.

What is the median home price in LAKE HIAWATHA, NJ 07034?

The median listing price in LAKE HIAWATHA, NJ 07034 is $495,000 as of September 2026, a 2.7% increase from $482,000 the prior year.

How long do homes stay on the market in LAKE HIAWATHA, NJ?

Homes in LAKE HIAWATHA, NJ 07034 spend an average of 23 days on the market before going under contract, compared to 34 days the prior year.

Is it a seller's or buyer's market in LAKE HIAWATHA, NJ 07034?

Based on current inventory and days-on-market data as of September 2026, LAKE HIAWATHA, NJ 07034 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 23 days on market compared to 34 days last year.

How much can I save on real estate commission in LAKE HIAWATHA, NJ?

With SELL123.com's maximum 3% commission, sellers in LAKE HIAWATHA, NJ 07034 save an estimated $9,900 compared to a typical 5% commission on the median listing price of $495,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.