Packanack Lake, NJ

Strong seller's market+1.5% YoY

Housing market overview · Updated weekly

$877,500median sale price

Homes sold

2

Last 12 weeks

Days on market

31

Average pace

Active listings

2

1.0 months supply

Sale-to-list

100.5%

Above asking

The Packanack Lake housing market is currently classified as a strong seller's market with a median sale price of $877,500. Prices have risen 1.5% compared to last year, with homes spending an average of 31 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Packanack Lake

There are currently 2 homes listed for sale in Packanack Lake, New Jersey. The median listing price is $675K.

Active listings

2

Homes on market

Median list price

$675K

Avg. days on market

31

Days until sale

New this week

1

Newly listed

Sale-to-list:100.5%

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Frequently asked questions

What is the average home price in Packanack Lake?

The median home sale price in Packanack Lake is $877,500, up 1.5% from last year.

How long do homes stay on market in Packanack Lake?

Homes typically spend 31 days on market before going under contract.

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

With 1.0 months of supply, Packanack Lake is currently a strong seller's market.

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