Hopatcong New Jersey Housing Market: 5 Things To Know This Fall
Hopatcong NJ Housing Market: 5 Things to Know This Fall
The Hopatcong NJ housing market is still a seller's market, but it's cooling a bit. The median single-family sale price hit $500,000 from July 20 to Oct 18, 2026. That's up 7.5% from the 90 days before. Active listings jumped 35% to 58 homes, so buyers have more choices. Homes sold for 101.2% of list price, down from 104.0% last quarter.
What is the median home price in Hopatcong, NJ right now?
The median sale price for a single-family home in Hopatcong is $500,000. That's based on sales closed in the last 90 days.
Last quarter, the median was $465,000. In the six months before that, it was about $457,000. So prices are up 7.5% in one quarter and 9.4% from the fall and winter window. The median list price of the homes that sold was $489,000. That means buyers paid a bit more than asking, on average. Hopatcong now sits right at the Sussex County median of $500,000 from early October.
Source: Garden State MLS
Are there more homes for sale in Hopatcong?
Yes. There are 58 active single-family listings, up from 43 last quarter.
That's a 35% jump in just 90 days. In the older six-month window, the count sat at only 30. So buyers have almost twice as many homes to look at as they did last winter. More choices means less pressure to grab the first house that looks okay. For sellers, it means your home has more competition than it did this spring.
Source: Garden State MLS
Are homes in Hopatcong still selling over asking price?
Yes, but not by as much. Homes sold for a median of 101.2% of list price.
Last quarter, that number was 104.0%. On a $500,000 list price, that's about $6,000 over asking today. This spring, the same home would have gone for about $20,000 over. Bidding wars still happen on well-priced homes, especially near the water. They're just a lot calmer than they were a few months ago.
Source: Garden State MLS
Is Hopatcong still a seller's market?
Yes, but it's loosening. A seller's market is when there are more buyers than homes for sale.
A common way to measure this is months of supply. Under six months of supply usually means a seller's market. Hopatcong closed 57 sales in 90 days, or about 19 a month. With 58 active listings, that's roughly 3.1 months of supply. Last quarter, it was only about 1.6 months. So the market is still tight, but buyers have more room than they did.
Source: calculated from Garden State MLS data
How fast are homes selling in Hopatcong?
The median home sold in 22 days. That's a little slower than last quarter's 17 days.
Homes are still moving fast, though. In the fall and winter window, the median was 25 days. Closed sales did slow down, with 57 closings compared with 81 last quarter. That's about 30% fewer. Spring and early summer are usually the busiest stretch for closings. So some of that dip is normal for this time of year.
Source: Garden State MLS
What does this mean for Hopatcong buyers and sellers?
Buyers have more room to breathe. Sellers still get strong prices but need to price smart.
Hopatcong is a borough of about 14,400 people on the shore of Lake Hopatcong. It's the biggest lake in New Jersey, and the lake life is a big draw. The town has its own public school district, from pre-K through high school. It's also about 40 miles west of New York City. If you're buying, get pre-approved first so you can move fast on the right home. Ask early whether a home uses borough sewer, a grinder pump, or septic. If you're selling, a fair price from day one matters more now. Overpriced homes will sit while buyers tour the 57 other options.
Source: Hopatcong, New Jersey (Wikipedia)
Source: Borough of Hopatcong Water/Sewer Utility
- $500,000 median sale price, July 20 to Oct 18, 2026
- +7.5% median price change vs. the prior 90 days
- 58 active single-family listings, up 35%
- 101.2% median sale price as a share of list price
- 22 days median days on market
- 57 closed sales, down from 81
- About 3.1 months of supply
The Bottom Line
Hopatcong home prices just crossed $500,000, and they're still climbing. But buyers finally have more homes to choose from and a little room to negotiate. Thinking about a move around the lake? This fall is a good time to get clear on your numbers. I'm always happy to walk you through what's happening on your street.
Frequently Asked Questions
What is the median home price in Hopatcong, NJ?
The median single-family sale price was $500,000 from July 20 to Oct 18, 2026. That's according to Garden State MLS data.
Is it a good time to buy a home in Hopatcong?
It's a better time than this spring. There are 35% more listings, and homes are selling closer to asking price.
How long does it take to sell a house in Hopatcong?
The median home sold in 22 days over the last 90 days. Homes priced well often go even faster.
Is Hopatcong on Lake Hopatcong?
Yes. The borough sits along Lake Hopatcong, the biggest lake in New Jersey. Not every home has water access, so ask about lake rights when you shop.
Sources
- Garden State MLS (https://www.gsmls.com/): Market Condition Statistics Report (1004 MC), Hopatcong Boro single-family homes, Oct 18, 2025 to Oct 18, 2026. Supports median sale price, list price, active listings, days on market, closed sales, and sale-to-list ratio. Info deemed reliable but not guaranteed.
- Garden State MLS (https://www.gsmls.com/): Sussex County single-family report, Oct 4, 2026. Supports the $500,000 county median.
- Hopatcong, New Jersey (https://en.wikipedia.org/wiki/Hopatcong,_New_Jersey): Population (14,362 at the 2020 census), Lake Hopatcong, school district, and distance to New York City.
- Borough of Hopatcong Water/Sewer Utility (https://www.hopatcong.org/departments/water-sewer-utility): Borough sewer service and grinder pumps.
- Months of supply and price differences are estimates calculated from the Garden State MLS figures above.
Nina Fradl is a REALTOR® with United Real Estate North Jersey, serving all of Sussex County, including Andover Boro, Andover Twp, Branchville Boro, Byram Twp, Frankford Twp, Franklin Boro, Fredon Twp, Green Twp, Hamburg Boro, Hampton Twp, Hardyston Twp, Hopatcong Boro, Lafayette Twp, Montague Twp, Newton Town, Ogdensburg Boro, Sandyston Twp, Sparta Twp, Stanhope Boro, Stillwater Twp, Sussex Boro, Vernon Twp, Walpack Twp, and Wantage Twp.
Nina Fradl, REALTOR®
United Real Estate North Jersey
Phone: (973) 490-4999
Email: Nina@NinaFradl.com
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