Budd Lake, NJ

Seller's market-20.9% YoY

Housing market overview · Updated weekly

$482,500median sale price

Homes sold

6

Last 12 weeks

Days on market

61

Average pace

Active listings

12

2.0 months supply

Sale-to-list

102.1%

Above asking

The Budd Lake housing market is currently classified as a seller's market with a median sale price of $482,500. Prices have fallen 20.9% compared to last year, with homes spending an average of 61 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Budd Lake

There are currently 12 homes listed for sale in Budd Lake, New Jersey. The median listing price is $635K.

Active listings

12

Homes on market

Median list price

$635K

Avg. days on market

61

Days until sale

New this week

7

Newly listed

Price drops:16.7%of listings
Sale-to-list:102.1%

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Frequently asked questions

What is the average home price in Budd Lake?

The median home sale price in Budd Lake is $482,500, down 20.9% from last year.

How long do homes stay on market in Budd Lake?

Homes typically spend 61 days on market before going under contract.

Is Budd Lake a buyer's or seller's market?

With 2.0 months of supply, Budd Lake is currently a seller's market.

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