87 homes sold in Budd Lake in the last year, at a typical $615K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Budd Lake homes are listed.
Every place Budd Lake homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Budd Lake.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 99% of Budd Lake’s sales, at a typical $645K (year to May 2026)
87 homes sold in the year to September 2026.
typical sale · 89 sold in the year to May 2026
- Per square foot
- $316NJ $331
- Days to sell
- 30
- Sold over asking
- 70%
- Listings with a price cut
- 17%
Multi-family (2–4 units): 1 sold, typical $705K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at twice the 2016 price
87 sales in the last year, against 171 in 2018 and a low of 90 in 2023. The typical sale went from $312K in 2016 to $615K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $600K buys in Budd Lake
Check a listing against what Budd Lake homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Budd Lake are more common than before the pandemic, but three quarters fewer homes come up for sale
We read every month of Budd Lake’s home sales since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 87 sales.
If you’re buying in Budd Lake
- Shop in May. It brings about 17 new listings a month, close to the busiest month, with fewer bidding wars (42% over asking).
- Expect to bid over asking. Buyers paid 104.6% of the list price on average; 72% paid over.
- You’ll usually have time. Only 25% of homes go under contract within two weeks; the typical one takes 29 days.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 17 a month), but July is the most competitive: 49% of July sales close over asking. February has the least competition (31%) but only about 10 new listings.
Averages for each calendar month, 2015 on.
Hotter than in 2021, and hotter than New Jersey
| Budd Lake now | 2017–19 | 2021 peak | NJ now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 72% | 28% | 61% | 44% |
| Gone within two weeksShare of homes under contract within 14 days | 25% | 1% | 0% | 30% |
| Price paid vs. askingAverage sale price ÷ list price | 104.6% | 98.6% | 102.5% | 100.9% |
| Days to sellMedian days from listing to contract | 29 | 104 | 78 | 46 |
16 homes for sale on a typical day
That’s 1.6 times the 2023 low (10), 76% fewer than in 2017–19 and well under 2016’s 80.
Budd Lake ranks 19th of 300 busy New Jersey markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Budd Lake is one of the state’s hottest markets.
Source: Redfin Data Center, city figures, January 2016 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Four things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 7.
Best time to buyTypical commute
The average one-way trip to work for people who live in Budd Lake.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Stanhope, Ledgewood and Hackettstown sell for less a square foot
The busier markets within 25 miles of Budd Lake, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Succasunna | 126 | $664K | $336 | 78% | 24 |
| Budd Lake | 87 | $615K | $321 | 72% | 29 |
| Hackettstown | 83 | $479K | $291 | 56% | 31 |
| Flanders | 77 | $666K | $320 | 81% | 17 |
| Stanhope | 66 | $434K | $299 | 67% | 25 |
| Landing | 59 | $536K | $369 | 77% | 25 |
| Ledgewood | 50 | $518K | $304 | 64% | 27 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Budd Lake, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Budd Lake. People who follow the town see it, and so do people comparing Budd Lake with their own town. No commission, no listing fee.
Questions about buying a home in Budd Lake
What do homes sell for in Budd Lake, NJ?
87 homes sold in the year to September 2026 at a typical $615K, $321 a square foot.
Is Budd Lake a buyer’s or seller’s market?
A seller’s market: 29 homes were for sale in September 2026 and 9 sold, about 3.1 months of supply. Buyers paid 104.6% of asking on average.
When is the best time to buy in Budd Lake?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
Where can I see homes for sale in Budd Lake?
Zillow, Redfin, Realtor.com and Homes.com all carry Budd Lake’s MLS listings; the search links above open each one filtered to Budd Lake.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).