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Sarah Mitchell

CNESRESABR

Compass Real Estate · Laurel Lake, NJ

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

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

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Laurel Lake, NJ Housing Market & Real Estate

Buyer's market+40.4% YoY

Housing market overview · Updated monthly ·

$272,000median sale price

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

The median home sale price in Laurel Lake, NJ is $272,000, up 40.4% year-over-year. Homes sell in an average of 97 days with 19 active listings. The market is currently a buyer'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 Laurel Lake a buyer's or seller's market?

Buyer's market9.5 months of supply97 avg. days on market

Laurel Lake, NJ is currently a buyer's market, based on 9.5 months of supply and homes selling in about 97 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

97

Average pace

Active listings

19

9.5 months supply

Sale-to-list

100.0%

Above asking

What does the Laurel Lake housing market data show?

Current housing market statistics for Laurel Lake, NJ
MetricValue
Median sale price$272,000
Median list price$234,700
Year-over-year price change+40.4%
Average days on market97 days
Active inventory19 listings
Months of supply9.5 months
Sale-to-list price ratio100.0%
Median price per sq ft$265/sq ft
Homes sold (latest month)2
New listings (latest month)11
Listings with a price cut31.6%
Market conditionBuyer's market

Source: Redfin · Updated monthly

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

How the Laurel Lake, 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 Laurel Lake, NJ
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$272,000$265/sq ft297 days

Source: Redfin · Updated monthly

The Laurel Lake housing market is currently classified as a buyer's market with a median sale price of $272,000. Prices have risen 40.4% compared to last year, with homes spending an average of 97 days on market, indicating 9.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Homes for sale in Laurel Lake

There are currently 19 homes listed for sale in Laurel Lake, New Jersey. The median listing price is $235K.

Active listings

19

Homes on market

Median list price

$235K

Avg. days on market

97

Days until sale

New this week

11

Newly listed

Price drops:31.6%of listings
Sale-to-list:100.0%

Who lives in Laurel Lake?

Population

2,514

Median income

$51,633/yr

Median age

44.1 years

Owner-occupied

78.6%

College grads

9.7%

Avg commute

27.8 min

Source: U.S. Census Bureau ACS

What is it like to live in Laurel Lake?

Laurel Lake is a community of approximately 3K residents with a median age of 44.1 years.The median household income is $51,633, which represents a working-class community with solid middle-income opportunities. 9.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 78.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Laurel Lake offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Laurel Lake, NJ?

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

Frequently asked questions

What is the average home price in Laurel Lake?

The median home sale price in Laurel Lake is $272,000, up 40.4% from last year.

How long do homes stay on market in Laurel Lake?

Homes typically spend 97 days on market before going under contract.

What is the median income in Laurel Lake?

The median household income is $51,633 per year.

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

With 9.5 months of supply, Laurel Lake is currently a buyer's market.

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

The median single-family home price in Laurel Lake, NJ is $272,000 (about $265 per square foot).

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