Housing in Budd Lake, NJ

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$509,000

Median List Price

$650,000

Price Per Sq Ft

$283

Days on Market

21

Active Inventory

11

Months of Supply

1.8

Seller's market

Zillow Home Value

$542,495

ZHVI — January 2026

Zillow Rent Index

$1,982

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 1.8%List Price 68.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

50.0%

Off Market in 2 Weeks

16.7%

Sale-to-List Ratio

102.1%

Seller's market

Sold Above Asking
50.0%
Under Contract in 2 Wks
16.7%
Listings with Price Drops
9.1%

Market Activity

Source: Redfin

Homes Sold

6

New Listings

5

Pending Sales

6

Homes Sold 50.0%New Listings 66.7%Pending 20.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$283

Median List $/SF

$269

Sale $/SF 4.1%List $/SF 2.5%Mar 24Jan 26

Budd Lake vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Budd Lake is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$437,200

Median Rent

$1,326

Total Housing Units

3,652

Vacancy Rate

0.9%

Owner Occupied

73.9%

Renter Occupied

26.1%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$2,476

Housing Types

Single Family
76.2%
Multi-Family
23.9%
Mobile Home
0.0%

The current median sale price in Budd Lake, NJ is $509,000 according to Redfin data. Homes spend a median of 21 days on the market. 50.0% of homes sold above asking price. The market has 1.8 months of supply. The median price per square foot is $283. Zillow's observed rent index is $1,982/month. About 73.9% of housing units are owner-occupied. The median year homes were built is 1974. There are 3,652 total housing units.