Housing in Packanack Lake, NJ

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$877,500

Median List Price

$675,000

Price Per Sq Ft

$333

Days on Market

31

Active Inventory

2

Months of Supply

1.0

Seller's market

Price Trends

Source: Redfin
Sale Price 15.5%List Price 23.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

100.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

100.5%

Seller's market

Sold Above Asking
100.0%
Under Contract in 2 Wks
0.0%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

1

Pending Sales

1

Homes Sold 33.3%New Listings 66.7%Pending 75.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$333

Median List $/SF

$256

Sale $/SF 3.1%List $/SF 0.0%Mar 24Jan 26

Packanack Lake vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Packanack 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

$594,000

Median Rent

$3,501

Total Housing Units

1,987

Vacancy Rate

0.0%

Owner Occupied

95.8%

Renter Occupied

4.2%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$2,952

Housing Types

Single Family
100.0%
Multi-Family
0.0%
Mobile Home
0.0%

The current median sale price in Packanack Lake, NJ is $877,500 according to Redfin data. Homes spend a median of 31 days on the market. 100.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $333. The median rent is $3,501 per month (Census ACS). About 95.8% of housing units are owner-occupied. The median year homes were built is 1955. There are 1,987 total housing units.