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Featured local agent — Hopelawn, NJ
Sarah Mitchell
Compass Real Estate · Hopelawn, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hopelawn, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$325,000median sale price
How is the Hopelawn, NJ housing market right now?
The median home sale price in Hopelawn, NJ is $325,000, down 56.1% year-over-year. Homes sell in an average of 184 days with 4 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Hopelawn a buyer's or seller's market?
Hopelawn, NJ is currently a balanced market, based on 4.0 months of supply and homes selling in about 184 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
184
Average pace
Active listings
4
4.0 months supply
Sale-to-list
104.9%
Above asking
What does the Hopelawn housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $325,000 |
| Median list price | $649,900 |
| Year-over-year price change | -56.1% |
| Average days on market | 184 days |
| Active inventory | 4 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 104.9% |
| Median price per sq ft | $244/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 3 |
| Listings with a price cut | 25.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Hopelawn by property type?
How the Hopelawn, 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 | $325,000 | $244/sq ft | 1 | 184 days |
Source: Redfin · Updated monthly
The Hopelawn housing market is currently classified as a balanced market with a median sale price of $325,000. Prices have fallen 56.1% compared to last year, with homes spending an average of 184 days on market, indicating 4.0 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 Hopelawn
There are currently 4 homes listed for sale in Hopelawn, New Jersey. The median listing price is $650K.
Active listings
4
Homes on market
Median list price
$650K
Avg. days on market
184
Days until sale
New this week
3
Newly listed
Who lives in Hopelawn?
Population
2,986
Median income
$83,977/yr
Median age
53 years
Owner-occupied
58.5%
College grads
20.6%
Avg commute
33.7 min
Source: U.S. Census Bureau ACS
What is it like to live in Hopelawn?
Hopelawn is a community of approximately 3K residents with a median age of 53 years.The median household income is $83,977, which reflects a relatively affluent area with strong earning potential. 20.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 58.5%, showing a blend of owner and renter-occupied properties. The average commute time is 33.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Hopelawn offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Hopelawn, NJ?
Want a head-to-head view? Compare Hopelawn side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Hopelawn?
The median home sale price in Hopelawn is $325,000, down 56.1% from last year.
How long do homes stay on market in Hopelawn?
Homes typically spend 184 days on market before going under contract.
What is the median income in Hopelawn?
The median household income is $83,977 per year.
Is Hopelawn a buyer's or seller's market?
With 4.0 months of supply, Hopelawn is currently a balanced market.
How much does a single-family home cost in Hopelawn?
The median single-family home price in Hopelawn, NJ is $325,000 (about $244 per square foot).
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