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Featured local agent — Medford Lakes, NJ
Sarah Mitchell
Compass Real Estate · Medford Lakes, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Medford Lakes, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$605,000median sale price
How is the Medford Lakes, NJ housing market right now?
The median home sale price in Medford Lakes, NJ is $605,000, down 33.9% year-over-year. Homes sell in an average of 20 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 Medford Lakes a buyer's or seller's market?
Medford Lakes, NJ is currently a strong seller's market, based on 1.7 months of supply and homes selling in about 20 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
20
Fast-moving
Active listings
5
1.7 months supply
Sale-to-list
104.5%
Above asking
What does the Medford Lakes housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $605,000 |
| Median list price | $629,900 |
| Year-over-year price change | -33.9% |
| Average days on market | 20 days |
| Active inventory | 5 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 104.5% |
| Median price per sq ft | $215/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 3 |
| Listings with a price cut | 20.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Medford Lakes by property type?
How the Medford 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 | $605,000 | $215/sq ft | 3 | 20 days |
Source: Redfin · Updated monthly
The Medford Lakes housing market is currently classified as a strong seller's market with a median sale price of $605,000. Prices have fallen 33.9% compared to last year, with homes spending an average of 20 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.7x provides context for how home values compare to local earning capacity.
Homes for sale in Medford Lakes
There are currently 5 homes listed for sale in Medford Lakes, New Jersey. The median listing price is $630K.
Active listings
5
Homes on market
Median list price
$630K
Avg. days on market
20
Days until sale
New this week
3
Newly listed
Who lives in Medford Lakes?
Population
4,267
Median income
$151,190/yr
Median age
46.1 years
Owner-occupied
91.5%
College grads
59.9%
Avg commute
33.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Medford Lakes?
Zillow home value
$555,855
Price-to-income
3.7x
Source: Zillow Research
What is it like to live in Medford Lakes?
Medford Lakes is a community of approximately 4K residents with a median age of 46.1 years.The median household income is $151,190, which reflects a relatively affluent area with strong earning potential. 59.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 91.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Medford Lakes offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Medford Lakes?
2 schools tracked · 487 students
The largest public schools serving Medford Lakes, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Neeta School
Grades 3-8 · 325 students
Nokomis School
Grades PK-2 · 162 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Medford Lakes, NJ?
Want a head-to-head view? Compare Medford 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 Medford Lakes?
The median home sale price in Medford Lakes is $605,000, down 33.9% from last year.
How long do homes stay on market in Medford Lakes?
Homes typically spend 20 days on market before going under contract.
What is the median income in Medford Lakes?
The median household income is $151,190 per year.
Is Medford Lakes a buyer's or seller's market?
With 1.7 months of supply, Medford Lakes is currently a strong seller's market.
What is the Zillow home value estimate for Medford Lakes?
The Zillow Home Value Index (ZHVI) for Medford Lakes is $555,855, representing the typical home value in the area.
How much does a single-family home cost in Medford Lakes?
The median single-family home price in Medford Lakes, NJ is $605,000 (about $215 per square foot).
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