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LAKE HOPATCONG, NJ 07849

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

Market Overview

Active Listings
26
⇧ 44.4% vs 18 last year
Pending
12
46% pending ratio
Median Price
$697,000
⇧ 70.1% vs $409,750 last year
Average Price
$676,362
⇧ 46.6% vs $461,323 last year
Days on Market
60
⇧ 81.8% vs 33 days last year

Market Context

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

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

Market Analysis

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

The LAKE HOPATCONG, NJ real estate market (07849) currently shows 26 active listings, with 12 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 60 days on market compared to 33 days last year.

The median listing price has risen 70.1% year-over-year, from $409,750 to $697,000.

Whether you are buying or selling in LAKE HOPATCONG, 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: 26 this year vs 18 last year
  • Days on market: 60 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $697,000 (+70.1% YoY)
  • Average: $676,362 (+46.6% 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 10.2 miles — 334 listings ($222,060,577 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07849Lake Hopatcong, NJ 078490.0 mi26$17,585,412$697,000$676,362
07843Hopatcong, NJ 078433.2 mi35$18,907,490$399,000$540,214
07801Dover, NJ 078014.2 mi24$12,156,552$494,450$506,523
07871Sparta, NJ 078715.5 mi60$48,702,780$598,940$811,713
07874Stanhope, NJ 078745.9 mi27$11,450,835$420,000$424,105
07438Oak Ridge, NJ 074386.3 mi19$9,601,973$544,900$505,367
07866Rockaway, NJ 078666.6 mi46$25,174,190$532,450$547,265
07821Andover, NJ 078217.2 mi21$22,376,907$743,950$1,065,567
07876Succasunna, NJ 078768.3 mi15$9,448,500$599,999$629,900
07869Randolph, NJ 078698.7 mi29$27,287,028$782,515$940,932
07836Flanders, NJ 078369.6 mi17$12,806,100$649,999$753,300
07416Franklin, NJ 074169.8 mi13$5,464,810$374,900$420,370
07435Newfoundland, NJ 0743510.2 mi2$1,098,000$549,000$549,000

Frequently Asked Questions

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

As of January 2026, there are 26 active listings in LAKE HOPATCONG, NJ (zip code 07849), compared to 18 the prior year.

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

The median listing price in LAKE HOPATCONG, NJ 07849 is $697,000 as of January 2026, a 70.1% increase from $409,750 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 60 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 LAKE HOPATCONG, NJ 07849?

Based on current inventory and days-on-market data as of January 2026, LAKE HOPATCONG, NJ 07849 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 60 days on market compared to 33 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 $13,940 compared to a typical 5% commission on the median listing price of $697,000. 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.