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Featured local agent — Wanaque, NJ
Sarah Mitchell
Compass Real Estate · Wanaque, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Wanaque, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$556,500median sale price
How is the Wanaque, NJ housing market right now?
The median home sale price in Wanaque, NJ is $556,500, up 11.3% year-over-year. Homes sell in an average of 46 days with 43 active listings. The market is currently a balanced 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 Wanaque a buyer's or seller's market?
Wanaque, NJ is currently a balanced market, based on 5.4 months of supply and homes selling in about 46 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
46
Average pace
Active listings
43
5.4 months supply
Sale-to-list
104.4%
Above asking
What does the Wanaque housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $556,500 |
| Median list price | $475,000 |
| Year-over-year price change | +11.3% |
| Average days on market | 46 days |
| Active inventory | 43 listings |
| Months of supply | 5.4 months |
| Sale-to-list price ratio | 104.4% |
| Median price per sq ft | $383/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 25 |
| Listings with a price cut | 20.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Wanaque by property type?
How the Wanaque, 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 | $591,750 | $383/sq ft | 6 | 38 days |
| Condo / Co-op | $404,000 | — | 1 | 87 days |
| Townhouse | $460,000 | — | 1 | 133 days |
Source: Redfin · Updated monthly
The Wanaque housing market is currently classified as a balanced market with a median sale price of $556,500. Prices have risen 11.3% compared to last year, with homes spending an average of 46 days on market, indicating 5.4 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 4.6x provides context for how home values compare to local earning capacity.
Homes for sale in Wanaque
There are currently 43 homes listed for sale in Wanaque, New Jersey. The median listing price is $475K.
Active listings
43
Homes on market
Median list price
$475K
Avg. days on market
46
Days until sale
New this week
25
Newly listed
Who lives in Wanaque?
Population
11,162
Median income
$112,326/yr
Median age
47.3 years
Owner-occupied
78.5%
College grads
40.1%
Avg commute
31.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Wanaque?
Zillow home value
$517,244
Price-to-income
4.6x
Source: Zillow Research
What is it like to live in Wanaque?
Wanaque is a community of approximately 11K residents with a median age of 47.3 years.The median household income is $112,326, which reflects a relatively affluent area with strong earning potential. 40.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 78.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Wanaque offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Wanaque?
2 schools tracked · 1,357 students
The largest public schools serving Wanaque, 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.
Lakeland Regional High School
Grades 9-12 · 847 students
Wanaque Elementary School
Grades PK-8 · 510 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 Wanaque, NJ?
Want a head-to-head view? Compare Wanaque side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Wanaque?
The median home sale price in Wanaque is $556,500, up 11.3% from last year.
How long do homes stay on market in Wanaque?
Homes typically spend 46 days on market before going under contract.
What is the median income in Wanaque?
The median household income is $112,326 per year.
Is Wanaque a buyer's or seller's market?
With 5.4 months of supply, Wanaque is currently a balanced market.
What is the Zillow home value estimate for Wanaque?
The Zillow Home Value Index (ZHVI) for Wanaque is $517,244, representing the typical home value in the area.
What is the median condo price in Wanaque?
The median condo/co-op sale price in Wanaque, NJ is $404,000, compared to $591,750 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Wanaque?
The median single-family home price in Wanaque, NJ is $591,750 (about $383 per square foot).
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