Market Update

Sussex County

Q3 2025

Residential Property Snapshot

All | Q3 2025
Med. Sales Price
$436k
5% more than in
Q3 2024
Avg. Days On Market
35
3% fewer than in
Q3 2024
Closed Sales
603
6% more than in
Q3 2024
Inventory
456
24% more than in
Q3 2024
Closed
New
Inventory

Closed Sales by Price

  • Single Family Homes
  • Townhomes & Condos
 |  Q3 2025
Closed Sales by Price — underlying data
Closed Under $500k62.4%
Q3 '25376
Q3 '24394
1YR CHANGE-5%
Closed $500k - $1m35.3%
Q3 '25213
Q3 '24162
1YR CHANGE+31%
Closed $1m - $2m2.2%
Q3 '2513
Q3 '2410
1YR CHANGE+30%
Closed Over $2m0.2%
Q3 '251
Q3 '241
1YR CHANGE0%
By Year
By Price

Market Data by Year

  • Single Family Homes
  • Townhomes & Condos

 |  Q3 2025

Rotate your device to view as table
'24 - '25
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
24%
New Listings
New Listings represents the number of properties listed during the quarter.
16%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
16%
Closed Sales
6%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
-3%

3 Communities

Communities

Lake Hopatcong

Median
$786k
DOM
59
Sales
26
Inv
24

Lake Mohawk

Median
$600k
DOM
29
Sales
53
Inv
33

Sparta Township

Median
$680k
DOM
29
Sales
87
Inv
60

Data provided by Garden State MLS. All information is deemed reliable but not guaranteed. Data is based on the closed date as of Sep 30, 2025 end of day. This report was last updated Oct 6, 2025.

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