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Featured local agent — Mountain Lakes, NJ
Sarah Mitchell
Compass Real Estate · Mountain Lakes, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Mountain Lakes, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$925,000median sale price
How is the Mountain Lakes, NJ housing market right now?
The median home sale price in Mountain Lakes, NJ is $925,000, down 41.3% year-over-year. Homes sell in an average of 20 days with 14 active listings. The market is currently a 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 Mountain Lakes a buyer's or seller's market?
Mountain Lakes, NJ is currently a seller's market, based on 2.8 months of supply and homes selling in about 20 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
20
Fast-moving
Active listings
14
2.8 months supply
Sale-to-list
102.6%
Above asking
What does the Mountain Lakes housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $925,000 |
| Median list price | $1.02M |
| Year-over-year price change | -41.3% |
| Average days on market | 20 days |
| Active inventory | 14 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 102.6% |
| Median price per sq ft | $378/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 8 |
| Listings with a price cut | 21.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Mountain Lakes by property type?
How the Mountain 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 | $925,000 | $378/sq ft | 5 | 20 days |
Source: Redfin · Updated monthly
The Mountain Lakes housing market is currently classified as a seller's market with a median sale price of $925,000. Prices have fallen 41.3% compared to last year, with homes spending an average of 20 days on market, indicating 2.8 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 5.0x provides context for how home values compare to local earning capacity.
Homes for sale in Mountain Lakes
There are currently 14 homes listed for sale in Mountain Lakes, New Jersey. The median listing price is $1.0M.
Active listings
14
Homes on market
Median list price
$1.0M
Avg. days on market
20
Days until sale
New this week
8
Newly listed
Who lives in Mountain Lakes?
Population
4,535
Median income
$250,001/yr
Median age
43.6 years
Owner-occupied
97.1%
College grads
84.4%
Avg commute
34.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Mountain Lakes?
Zillow home value
$1.24M
Price-to-income
5.0x
Source: Zillow Research
What is it like to live in Mountain Lakes?
Mountain Lakes is a community of approximately 5K residents with a median age of 43.6 years.The median household income is $250,001, which reflects a relatively affluent area with strong earning potential. 84.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 97.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 34.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Mountain Lakes offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Mountain Lakes?
4 schools tracked · 1,310 students
The largest public schools serving Mountain 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.
Mountain Lakes High School
Grades 9-12 · 550 students
Wildwood Elementary School
Grades K-5 · 438 students
Briarcliff Middle School
Grades 6-8 · 257 students
Lake Drive Program for Hearing Impaired
Grades PK-8 · 65 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 Mountain Lakes, NJ?
Want a head-to-head view? Compare Mountain 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 Mountain Lakes?
The median home sale price in Mountain Lakes is $925,000, down 41.3% from last year.
How long do homes stay on market in Mountain Lakes?
Homes typically spend 20 days on market before going under contract.
What is the median income in Mountain Lakes?
The median household income is $250,001 per year.
Is Mountain Lakes a buyer's or seller's market?
With 2.8 months of supply, Mountain Lakes is currently a seller's market.
What is the Zillow home value estimate for Mountain Lakes?
The Zillow Home Value Index (ZHVI) for Mountain Lakes is $1.24M, representing the typical home value in the area.
How much does a single-family home cost in Mountain Lakes?
The median single-family home price in Mountain Lakes, NJ is $925,000 (about $378 per square foot).
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