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Hopatcong, New Jersey Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
7
Sold (12M)
14
Median Price
$96K
Market Condition
Strong Buyer's Market

Hopatcong, New Jersey Market Meter

Buyer'sSeller's
Strong Buyer's Market

21.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$96K
Avg Price/Acre
$114K
Avg Days on Market
117
Months of Supply
21.0
YoY Price Change
-
New Listings (3M)
2

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-1412
1-2 acres----
2-5 acres---2
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL01414
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres12 sold / 7 listed
2-5 acres2 sold / 0 listed

Median Price by Acreage

$0$63K$125K
0- 1
2- 5

Acreage buckets

Key Market Indicators

Total Sales Volume
$1.7M
Last 12 months
Active Listings
7
Current inventory
Avg Days on Market
117
Time to sell
Price Trend (YoY)
-
Year over year

Hopatcong, New Jersey Land Market Analysis

How much is land worth in Hopatcong, New Jersey?

The median price for land in Hopatcong, New Jersey is currently $114K per acre. For a typical parcel, the median sale price is $96K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $10K while premium lots reached $174K.

Is now a good time to buy land in Hopatcong, New Jersey?

Hopatcong, New Jersey is currently a strong buyer's market with 21.0 months of supply. Buyers have more negotiating power and can take time to find the right property.

What is the months of supply for land in Hopatcong, New Jersey?

Hopatcong, New Jersey currently has 21.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the absorption rate for land in Hopatcong, New Jersey?

The 3-month absorption rate in Hopatcong, New Jersey is 4.8%. The 12-month rate is 16.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total land for sale in Hopatcong, New Jersey?

There are currently 7 active listings in Hopatcong, New Jersey. 2 new listings have hit the market in the last 90 days. The median asking price is $75K.

What is the total amount sold in Hopatcong, New Jersey last year?

Over the past 12 months, Hopatcong, New Jersey saw 14 properties sold, totaling $1.7M in sales volume. In just the last 3 months, 1 properties changed hands.

Is now a good time to invest in land in Hopatcong, New Jersey?

The current absorption rate in Hopatcong, New Jersey is 4.8% (3-month basis), indicating slow demand. The top-performing broker in this market is Coldwell Banker Realty.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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