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GREAT MEADOWS, NJ 07838

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The GREAT MEADOWS, NJ real estate market (07838) currently shows 5 active listings, with 2 pending sales. Homes are averaging 103 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 103 days on market compared to 41 days last year.

The median listing price has risen 7.1% year-over-year, from $367,475 to $393,500.

Whether you are buying or selling in GREAT MEADOWS, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 3,190  ·  Density: 47.6/mi²  ·  Median household income: $108,810

Typical home value: $366,723  ·  Homeownership: 87.7%

Market Overview

Active Listings
5
⇩ 50% vs 10 last year
Pending
2
40% pending ratio
Median Price
$393,500
⇧ 7.1% vs $367,475 last year
Average Price
$393,500
⇧ 1.8% vs $386,420 last year
Days on Market
103
⇧ 151.2% vs 41 days last year

Price Per Square Foot

Median $/sqft
$201
⇩ 51.8% vs $417/sqft last year
Median Home Size
1,474 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 10 last year
  • Days on market: 103 now vs 41 last year

Median & Average Pricing

Year over Year
  • Median: $393,500 (+7.1% YoY)
  • Average: $393,500 (+1.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.5 miles — 182 listings ($123,710,890 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07838Great Meadows, NJ 078380.0 mi6$1,872,000$312,000$312,000
07844Hope, NJ 078443.4 mi1$499,900$499,900$499,900
07863Oxford, NJ 078635.9 mi19$10,032,133$338,975$528,007
07865Port Murray, NJ 078657.1 mi8$6,990,744$480,000$873,843
07828Budd Lake, NJ 078288.3 mi19$10,912,327$574,990$574,333
07832Columbia, NJ 078329.0 mi12$8,784,840$558,450$732,070
07821Andover, NJ 078219.9 mi21$22,376,907$743,950$1,065,567
18343Mount Bethel, PA 1834310.2 mi14$9,155,062$399,000$653,933
07874Stanhope, NJ 0787410.8 mi27$11,450,835$420,000$424,105
07836Flanders, NJ 0783611.3 mi17$12,806,100$649,999$753,300
07852Ledgewood, NJ 0785212.8 mi5$2,040,000$422,500$408,000
07830Califon, NJ 0783013.0 mi18$17,341,542$857,000$963,419
07876Succasunna, NJ 0787613.5 mi15$9,448,500$599,999$629,900

Frequently Asked Questions

How many homes are for sale in GREAT MEADOWS, NJ 07838?

As of February 2026, there are 5 active listings in GREAT MEADOWS, NJ (zip code 07838), compared to 10 the prior year.

What is the median home price in GREAT MEADOWS, NJ 07838?

The median listing price in GREAT MEADOWS, NJ 07838 is $393,500 as of February 2026, a 7.1% increase from $367,475 the prior year.

How long do homes stay on the market in GREAT MEADOWS, NJ?

Homes in GREAT MEADOWS, NJ 07838 spend an average of 103 days on the market before going under contract, compared to 41 days the prior year.

Is it a seller's or buyer's market in GREAT MEADOWS, NJ 07838?

Based on current inventory and days-on-market data as of February 2026, GREAT MEADOWS, NJ 07838 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 103 days on market compared to 41 days last year.

How much can I save on real estate commission in GREAT MEADOWS, NJ?

With SELL123.com's maximum 3% commission, sellers in GREAT MEADOWS, NJ 07838 save an estimated $7,870 compared to a typical 5% commission on the median listing price of $393,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.