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LAFAYETTE, NJ 07848

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The LAFAYETTE, NJ real estate market (07848) currently shows 7 active listings, with 5 pending sales. Homes are averaging 24 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 24 days on market compared to 47 days last year.

The median listing price has fallen 37.8% year-over-year, from $821,000 to $510,500.

Whether you are buying or selling in LAFAYETTE, 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: 4,425  ·  Density: 74.6/mi²  ·  Median household income: $107,500

Typical home value: $402,778  ·  Homeownership: 86.0%

Market Overview

Active Listings
7
⇩ 50% vs 14 last year
Pending
5
71% pending ratio
Median Price
$510,500
⇩ 37.8% vs $821,000 last year
Average Price
$510,779
⇩ 39.8% vs $848,568 last year
Days on Market
24
⇩ 48.9% vs 47 days last year

Price Per Square Foot

Median $/sqft
$264
⇩ 0.4% vs $265/sqft last year
Median Home Size
3,017 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 14 last year
  • Days on market: 24 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $510,500 (-37.8% YoY)
  • Average: $510,779 (-39.8% 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 13.8 miles — 328 listings ($161,530,785 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07848Lafayette, NJ 078480.0 mi10$4,796,000$445,000$479,600
07439Ogdensburg, NJ 074394.8 mi3$1,065,000$355,000$355,000
07416Franklin, NJ 074164.9 mi13$5,464,810$374,900$420,370
07860Newton, NJ 078607.3 mi67$38,458,737$429,999$574,011
07438Oak Ridge, NJ 074389.9 mi19$9,601,973$544,900$505,367
07460Stockholm, NJ 0746010.1 mi12$5,627,868$399,450$468,989
07461Sussex, NJ 0746110.4 mi64$29,907,200$450,000$467,300
07843Hopatcong, NJ 0784311.4 mi35$18,907,490$399,000$540,214
07874Stanhope, NJ 0787412.2 mi27$11,450,835$420,000$424,105
07885Wharton, NJ 0788513.1 mi24$9,691,392$399,000$403,808
07435Newfoundland, NJ 0743513.3 mi2$1,098,000$549,000$549,000
07422Highland Lakes, NJ 0742213.6 mi28$13,304,928$399,000$475,176
07801Dover, NJ 0780113.8 mi24$12,156,552$494,450$506,523

Frequently Asked Questions

How many homes are for sale in LAFAYETTE, NJ 07848?

As of February 2026, there are 7 active listings in LAFAYETTE, NJ (zip code 07848), compared to 14 the prior year.

What is the median home price in LAFAYETTE, NJ 07848?

The median listing price in LAFAYETTE, NJ 07848 is $510,500 as of February 2026, a 37.8% decrease from $821,000 the prior year.

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

Homes in LAFAYETTE, NJ 07848 spend an average of 24 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in LAFAYETTE, NJ 07848?

Based on current inventory and days-on-market data as of February 2026, LAFAYETTE, NJ 07848 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 24 days on market compared to 47 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LAFAYETTE, NJ 07848 save an estimated $10,210 compared to a typical 5% commission on the median listing price of $510,500. 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.