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Featured local agent — Lake Telemark, NJ

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Lake Telemark, NJ

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Lake Telemark, NJ(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Lake Telemark, NJ Housing Market & Real Estate

Strong seller's market

Housing market overview · Updated monthly ·

$535,000median sale price

How is the Lake Telemark, NJ housing market right now?

The median home sale price in Lake Telemark, NJ is $535,000. Homes sell in an average of 9 days with 5 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 Lake Telemark a buyer's or seller's market?

Strong seller's market2.5 months of supply9 avg. days on market

Lake Telemark, NJ is currently a strong seller's market, based on 2.5 months of supply and homes selling in about 9 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

9

Fast-moving

Active listings

5

2.5 months supply

Sale-to-list

109.2%

Above asking

What does the Lake Telemark housing market data show?

Current housing market statistics for Lake Telemark, NJ
MetricValue
Median sale price$535,000
Median list price$619,950
Average days on market9 days
Active inventory5 listings
Months of supply2.5 months
Sale-to-list price ratio109.2%
Median price per sq ft$391/sq ft
Homes sold (latest month)2
New listings (latest month)4
Listings with a price cut20.0%
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Lake Telemark by property type?

How the Lake Telemark, NJ market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Lake Telemark, NJ
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$535,000$391/sq ft29 days

Source: Redfin · Updated monthly

The Lake Telemark housing market is currently classified as a strong seller's market with a median sale price of $535,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 9 days on market, indicating 2.5 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 Lake Telemark

There are currently 5 homes listed for sale in Lake Telemark, New Jersey. The median listing price is $620K.

Active listings

5

Homes on market

Median list price

$620K

Avg. days on market

9

Days until sale

New this week

4

Newly listed

Price drops:20.0%of listings
Sale-to-list:109.2%

Who lives in Lake Telemark?

Population

1,519

Median income

$107,065/yr

Median age

32.3 years

Owner-occupied

91.0%

College grads

47.0%

Avg commute

30.6 min

Source: U.S. Census Bureau ACS

What is it like to live in Lake Telemark?

Lake Telemark is a community of approximately 2K residents with a median age of 32.3 years.The median household income is $107,065, which reflects a relatively affluent area with strong earning potential. 47.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 91.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lake Telemark offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Lake Telemark, NJ?

Want a head-to-head view? Compare Lake Telemark side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Lake Telemark?

The median home sale price in Lake Telemark is $535,000, down 0.0% from last year.

How long do homes stay on market in Lake Telemark?

Homes typically spend 9 days on market before going under contract.

What is the median income in Lake Telemark?

The median household income is $107,065 per year.

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

With 2.5 months of supply, Lake Telemark is currently a strong seller's market.

How much does a single-family home cost in Lake Telemark?

The median single-family home price in Lake Telemark, NJ is $535,000 (about $391 per square foot).

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