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BUDD LAKE, NJ 07828

Real Estate Market Report  ·  Morris County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
19
⇧ 26.7% vs 15 last year
Pending
9
47% pending ratio
Median Price
$574,990
⇩ 1.8% vs $585,750 last year
Average Price
$574,333
⇩ 6% vs $610,685 last year
Days on Market
35
⇧ 6.1% vs 33 days last year

Market Context

Population: 14,083  ·  Density: 383.8/mi²  ·  Median household income: $90,120

Typical home value: $396,201  ·  Homeownership: 53.5%

Market Analysis

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

The BUDD LAKE, NJ real estate market (07828) currently shows 19 active listings, with 9 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 35 days on market compared to 33 days last year.

The median listing price has fallen 1.8% year-over-year, from $585,750 to $574,990.

Whether you are buying or selling in BUDD LAKE, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 19 this year vs 15 last year
  • Days on market: 35 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $574,990 (-1.8% YoY)
  • Average: $574,333 (-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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.6 miles — 256 listings ($186,260,838 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07828Budd Lake, NJ 078280.0 mi19$10,912,327$574,990$574,333
07874Stanhope, NJ 078743.7 mi27$11,450,835$420,000$424,105
07840Hackettstown, NJ 078404.5 mi50$25,280,500$499,900$505,610
07850Landing, NJ 078505.0 mi11$13,407,658$699,000$1,218,878
07876Succasunna, NJ 078765.5 mi15$9,448,500$599,999$629,900
07856Mount Arlington, NJ 078566.6 mi16$15,153,264$499,999$947,079
07853Long Valley, NJ 078536.9 mi19$17,803,000$899,500$937,000
07930Chester, NJ 079307.9 mi14$17,156,888$1,125,000$1,225,492
07838Great Meadows, NJ 078388.3 mi6$1,872,000$312,000$312,000
07869Randolph, NJ 078699.4 mi29$27,287,028$782,515$940,932
07865Port Murray, NJ 0786510.2 mi8$6,990,744$480,000$873,843
07801Dover, NJ 0780111.2 mi24$12,156,552$494,450$506,523
07830Califon, NJ 0783011.6 mi18$17,341,542$857,000$963,419

Frequently Asked Questions

How many homes are for sale in BUDD LAKE, NJ 07828?

As of January 2026, there are 19 active listings in BUDD LAKE, NJ (zip code 07828), compared to 15 the prior year.

What is the median home price in BUDD LAKE, NJ 07828?

The median listing price in BUDD LAKE, NJ 07828 is $574,990 as of January 2026, a 1.8% decrease from $585,750 the prior year.

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

Homes in BUDD LAKE, NJ 07828 spend an average of 35 days on the market before going under contract, compared to 33 days the prior year.

Is it a seller's or buyer's market in BUDD LAKE, NJ 07828?

Based on current inventory and days-on-market data as of January 2026, BUDD LAKE, NJ 07828 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 35 days on market compared to 33 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BUDD LAKE, NJ 07828 save an estimated $11,500 compared to a typical 5% commission on the median listing price of $574,990. 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.