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Packanack Lake, NJ Lakeside West neighborhood, Nov. 2025Photo: Mr. Matté (if there is an issue with this image, contact me using this image's Commons talk page, my Commons user talk page, or my English Wikipedia user talk page; I'll know about it a lot faster) · CC BY-SA 4.0
Housing in Packanack Lake

41 homes sold in Packanack Lake in the last year, at a typical $831K

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 Packanack Lake homes are listed.

Homes for sale in Packanack LakeZillowRedfinRealtor.comMore places to look ↓
Homes sold
41
October 2025 to September 2026
Typical sale price
$831K
median, weighted by sales
Price per square foot
$426
New Jersey $335
Paid vs. asking
106.9%
82% sold over asking
For sale now
15
September 2026 · 3 sold that month
What sold · last 12 months

Houses are 100% of Packanack Lake’s sales, at a typical $802K (year to May 2026)

41 homes sold in the year to September 2026.

Houses$802K

typical sale · 42 sold in the year to May 2026

Per square foot
$410NJ $331
Days to sell
49
Sold over asking
83%
Listings with a price cut
18%
10 years of sales

Fewer homes sell than before 2022, at twice the 2016 price

41 sales in the last year, against 91 in 2021 and a low of 46 in 2025. The typical sale went from $419K in 2016 to $831K.

Homes soldTypical sale price
0255075100$450K$600K$750K$900K2016: 77 sold, typical $419K’162017: 75 sold, typical $441K2018: 73 sold, typical $488K’182019: 88 sold, typical $469K2020: 85 sold, typical $506K’202021: 91 sold, typical $603K2022: 59 sold, typical $624K’222023: 50 sold, typical $636K2024: 55 sold, typical $727K’242025: 46 sold, typical $790KLast 12 months: 41 sold, typical $831KNow

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 your budget buys

What $850K buys in Packanack Lake

Houseat $410 a sq ft, year to May 2026
The same money in New Jerseyat $331 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Packanack 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.

What the sales history says · 10 years of sales

Bidding wars in Packanack Lake are more common than before the pandemic, but 81% fewer homes come up for sale

We read every month of Packanack 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, 41 sales.

If you’re buying in Packanack Lake

  • Shop in June. It brings about 10 new listings a month, close to the busiest month, with fewer bidding wars (42% over asking).
  • Expect to bid over asking. Buyers paid 106.9% of the list price on average; 82% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Summer brings the homes; fall brings the bidding wars

June has the most new listings (about 10 a month), but September is the most competitive: 59% of September sales close over asking. January has the least competition (24%) but only about 4 new listings.

New listings a monthShare sold over asking
02.557.51020%40%60%Sweet spotJan: 4 new listings a month, 24% sold over asking, 89 days to sellJFeb: 6 new listings a month, 54% sold over asking, 118 days to sellFMar: 8 new listings a month, 45% sold over asking, 98 days to sellMApr: 9 new listings a month, 46% sold over asking, 89 days to sellAMay: 10 new listings a month, 57% sold over asking, 112 days to sellMJun: 10 new listings a month, 42% sold over asking, 78 days to sellJJul: 7 new listings a month, 44% sold over asking, 77 days to sellJAug: 5 new listings a month, 52% sold over asking, 78 days to sellASep: 8 new listings a month, 59% sold over asking, 83 days to sellSOct: 6 new listings a month, 49% sold over asking, 91 days to sellONov: 5 new listings a month, 35% sold over asking, 89 days to sellNDec: 2 new listings a month, 42% sold over asking, 98 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Hotter than in 2021, and hotter than New Jersey

Packanack Lake now2017–192021 peakNJ now
Sold over askingShare of sales that closed above the list price82%25%66%44%
Gone within two weeksShare of homes under contract within 14 days46%3%10%30%
Price paid vs. askingAverage sale price ÷ list price106.9%98.3%104.1%100.9%
Days to sellMedian days from listing to contract321138046
Supply

6 homes for sale on a typical day

That’s 81% fewer than in 2017–19 and well under 2017’s 39.

2016: 38 for sale’162017: 39 for sale2018: 30 for sale2019: 33 for sale’192020: 21 for sale2021: 22 for sale2022: 11 for sale’222023: 8 for sale2024: 8 for sale2025: 7 for sale’25Last 12 months: 6 for saleNow

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.

Before you buy in Packanack Lake

Four things worth knowing

10

New listings in June

The month with the most choice. December has the fewest, about 2.

Best time to buy
28 min

Typical commute

The average one-way trip to work for people who live in Packanack Lake.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Preakness, Lincoln Park, Totowa, Pompton Plains and Haledon sell for less a square foot

The busier markets within 25 miles of Packanack Lake, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Preakness176$700K$38366%45
Lincoln Park115$540K$36372%32
Totowa79$700K$38864%48
Pompton Plains73$641K$40171%33
Singac68$545K$43057%37
Haledon53$621K$35570%49
Packanack Lake41$831K$42682%32

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.

Selling, or renting out?

Post your home to Packanack Lake, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Packanack Lake. People who follow the town see it, and so do people comparing Packanack Lake with their own town. No commission, no listing fee.

Questions about buying a home in Packanack Lake

What do homes sell for in Packanack Lake, NJ?

41 homes sold in the year to September 2026 at a typical $831K, $426 a square foot.

Is Packanack Lake a buyer’s or seller’s market?

A balanced market: 15 homes were for sale in September 2026 and 3 sold, about 4.5 months of supply. Buyers paid 106.9% of asking on average.

When is the best time to buy in Packanack Lake?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

Where can I see homes for sale in Packanack Lake?

Zillow, Redfin, Realtor.com and Homes.com all carry Packanack Lake’s MLS listings; the search links above open each one filtered to Packanack 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).