Highland Lakes, NJ Housing Market & Real Estate

Seller's market-16.4% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Highland Lakes, NJ is $272,900, down 16.4% year-over-year. Homes sell in an average of 45 days with 14 active listings. The market is currently a seller's market.

$272,900median sale price

Is Highland Lakes a buyer's or seller's market?

Seller's market2.8 months of supply45 avg. days on market

Highland Lakes, NJ is currently a seller's market, based on 2.8 months of supply and homes selling in about 45 days. How we determine this →

Homes sold

5

Last 12 weeks

Days on market

45

Average pace

Active listings

14

2.8 months supply

Sale-to-list

97.8%

Below asking

Highland Lakes, NJ market data

Current housing market statistics for Highland Lakes, NJ
MetricValue
Median sale price$272,900
Median list price$482,500
Year-over-year price change-16.4%
Average days on market45 days
Active inventory14 listings
Months of supply2.8 months
Sale-to-list price ratio97.8%
Market conditionSeller's market

Source: Redfin · Updated weekly

The Highland Lakes housing market is currently classified as a seller's market with a median sale price of $272,900. Prices have fallen 16.4% compared to last year, with homes spending an average of 45 days on market, indicating 2.8 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 Highland Lakes

There are currently 14 homes listed for sale in Highland Lakes, New Jersey. The median listing price is $482K.

Active listings

14

Homes on market

Median list price

$482K

Avg. days on market

45

Days until sale

New this week

6

Newly listed

Price drops:28.6%of listings
Sale-to-list:97.8%

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Frequently asked questions

What is the average home price in Highland Lakes?

The median home sale price in Highland Lakes is $272,900, down 16.4% from last year.

How long do homes stay on market in Highland Lakes?

Homes typically spend 45 days on market before going under contract.

Is Highland Lakes a buyer's or seller's market?

With 2.8 months of supply, Highland Lakes is currently a seller's market.

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