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LAKE HOPATCONG, NJ 07849

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

Market Analysis

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

The LAKE HOPATCONG, NJ real estate market (07849) currently shows 57 active listings, with 21 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.

Homes are selling faster, averaging 34 days on market compared to 42 days last year.

The median listing price has fallen 10.7% year-over-year, from $569,000 to $507,850.

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Market Context

Market Context

Population: 8,573  ·  Density: 494.3/mi²  ·  Median household income: $115,670

Typical home value: $399,548  ·  Homeownership: 89.6%

Market Overview

Active Listings
57
⇧ 35.7% vs 42 last year
Pending
21
37% pending ratio
Median Price
$507,850
⇩ 10.7% vs $569,000 last year
Average Price
$600,042
⇩ 5.1% vs $632,490 last year
Days on Market
34
⇩ 19% vs 42 days last year

Price Per Square Foot

Median $/sqft
$278
⇧ 6.9% vs $260/sqft last year
Median Home Size
2,064 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 57 this year vs 42 last year
  • Days on market: 34 now vs 42 last year

Median & Average Pricing

Year over Year
  • Median: $507,850 (-10.7% YoY)
  • Average: $600,042 (-5.1% 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 10.2 miles — 362 listings ($251,202,415 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07849Lake Hopatcong, NJ 078490.0 mi28$20,125,168$734,225$718,756
07843Hopatcong, NJ 078433.2 mi39$24,300,003$509,675$623,077
07801Dover, NJ 078014.2 mi19$9,276,389$448,225$488,231
07871Sparta, NJ 078715.5 mi63$52,927,812$571,000$840,124
07874Stanhope, NJ 078745.9 mi27$12,082,230$469,450$447,490
07438Oak Ridge, NJ 074386.3 mi22$12,202,014$549,975$554,637
07866Rockaway, NJ 078666.6 mi52$26,262,600$523,450$505,050
07821Andover, NJ 078217.2 mi23$23,902,313$699,000$1,039,231
07876Succasunna, NJ 078768.3 mi18$10,631,520$599,950$590,640
07869Randolph, NJ 078698.7 mi37$36,801,828$793,570$994,644
07836Flanders, NJ 078369.6 mi19$13,537,006$615,000$712,474
07416Franklin, NJ 074169.8 mi13$6,109,532$349,900$469,964
07435Newfoundland, NJ 0743510.2 mi2$3,044,000$1,522,000$1,522,000

Frequently Asked Questions

How many homes are for sale in LAKE HOPATCONG, NJ 07849?

As of September 2026, there are 57 active listings in LAKE HOPATCONG, NJ (zip code 07849), compared to 42 the prior year.

What is the median home price in LAKE HOPATCONG, NJ 07849?

The median listing price in LAKE HOPATCONG, NJ 07849 is $507,850 as of September 2026, a 10.7% decrease from $569,000 the prior year.

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

Homes in LAKE HOPATCONG, NJ 07849 spend an average of 34 days on the market before going under contract, compared to 42 days the prior year.

Is it a seller's or buyer's market in LAKE HOPATCONG, NJ 07849?

Based on current inventory and days-on-market data as of September 2026, LAKE HOPATCONG, NJ 07849 is currently a Balanced Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are selling faster, averaging 34 days on market compared to 42 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LAKE HOPATCONG, NJ 07849 save an estimated $10,157 compared to a typical 5% commission on the median listing price of $507,850. 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.