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Featured local agent — Highland Lakes, NJ
Sarah Mitchell
Compass Real Estate · Highland Lakes, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Highland Lakes, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$384,500median sale price
How is the Highland Lakes, NJ housing market right now?
The median home sale price in Highland Lakes, NJ is $384,500, up 13.9% year-over-year. Homes sell in an average of 19 days with 23 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Highland Lakes a buyer's or seller's market?
Highland Lakes, NJ is currently a strong seller's market, based on 2.9 months of supply and homes selling in about 19 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
19
Fast-moving
Active listings
23
2.9 months supply
Sale-to-list
103.8%
Above asking
What does the Highland Lakes housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $384,500 |
| Median list price | $369,900 |
| Year-over-year price change | +13.9% |
| Average days on market | 19 days |
| Active inventory | 23 listings |
| Months of supply | 2.9 months |
| Sale-to-list price ratio | 103.8% |
| Median price per sq ft | $342/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 15 |
| Listings with a price cut | 26.1% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Highland Lakes by property type?
How the Highland Lakes, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $384,500 | $342/sq ft | 8 | 19 days |
| Condo / Co-op | $160,000 | $143/sq ft | 1 | 13 days |
Source: Redfin · Updated monthly
The Highland Lakes housing market is currently classified as a strong seller's market with a median sale price of $384,500. Prices have risen 13.9% compared to last year, with homes spending an average of 19 days on market, indicating 2.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Highland Lakes
There are currently 23 homes listed for sale in Highland Lakes, New Jersey. The median listing price is $370K.
Active listings
23
Homes on market
Median list price
$370K
Avg. days on market
19
Days until sale
New this week
15
Newly listed
Who lives in Highland Lakes?
Population
3,941
Median income
$129,500/yr
Median age
49.3 years
Owner-occupied
92.6%
College grads
50.7%
Avg commute
44.2 min
Source: U.S. Census Bureau ACS
What is it like to live in Highland Lakes?
Highland Lakes is a community of approximately 4K residents with a median age of 49.3 years.The median household income is $129,500, which reflects a relatively affluent area with strong earning potential. 50.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 92.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 44.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Highland Lakes offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Highland Lakes, NJ?
Want a head-to-head view? Compare Highland Lakes side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Highland Lakes?
The median home sale price in Highland Lakes is $384,500, up 13.9% from last year.
How long do homes stay on market in Highland Lakes?
Homes typically spend 19 days on market before going under contract.
What is the median income in Highland Lakes?
The median household income is $129,500 per year.
Is Highland Lakes a buyer's or seller's market?
With 2.9 months of supply, Highland Lakes is currently a strong seller's market.
What is the median condo price in Highland Lakes?
The median condo/co-op sale price in Highland Lakes, NJ is $160,000, compared to $384,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Highland Lakes?
The median single-family home price in Highland Lakes, NJ is $384,500 (about $342 per square foot).
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