Photo: Zeete · CC BY-SA 4.051 homes sold in Wharton in the last year, at a typical $506K
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 Wharton homes are listed.
Every place Wharton 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 Wharton.
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 90% of Wharton’s sales, at a typical $499K
51 homes sold in the year to May 2026.
typical sale · 46 sold in 12 months
- Per square foot
- $340NJ $331
- Days to sell
- 33
- Sold over asking
- 72%
- Listings with a price cut
- 33%
Multi-family (2–4 units): 4 sold, typical $728K
Townhouses: 1 sold, typical $450K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at twice the 2016 price
51 sales in the last year, against 84 in 2019 and a low of 42 in 2023. The typical sale went from $242K in 2016 to $506K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $500K buys in Wharton
Check a listing against what Wharton 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 Wharton are more common than before the pandemic, but three quarters fewer homes come up for sale
We read every month of Wharton’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 May 2026, 51 sales.
If you’re buying in Wharton
- Shop in March. It brings about 7 new listings a month, close to the busiest month, with fewer bidding wars (37% over asking).
- You can negotiate. 27% of listings have cut their price, against 18% before the pandemic.
- Expect to bid over asking. Buyers paid 103% of the list price on average; 69% paid over.
- You’ll usually have time. Only 21% of homes go under contract within two weeks; the typical one takes 33 days.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 9 a month), but April is the most competitive: 58% of April sales close over asking. March offers nearly as much choice with fewer homes bid up (37%). December has the least competition (32%) but only about 3 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than New Jersey
| Wharton now | 2017–19 | 2021 peak | NJ now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 69% | 28% | 68% | 48% |
| Gone within two weeksShare of homes under contract within 14 days | 21% | 1% | 2% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | 27% | 18% | 8% | 17% |
| Price paid vs. askingAverage sale price ÷ list price | 103% | 98.4% | 102.3% | 101.2% |
| Days to sellMedian days from listing to contract | 33 | 82 | 67 | 45 |
6 homes for sale on a typical day
That’s 1.7 times the 2023 low (3), 74% fewer than in 2017–19 and well under 2016’s 33.
1 in 4 listings has cut its price
27% in the last year, against 18% in 2017–19 and 17% across New Jersey. More sellers are pricing high and coming down.
Source: Redfin Data Center, city market tracker, January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Wharton home costs about $3,670 a month
Price: Wharton’s typical sale, last 12 months. Property tax at Wharton’s 2.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Wharton is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 3.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $506K home, about $12,340 a year.
Taxes vs. neighborsSchools
The schools grade for Wharton, from test results, graduation and how much students grow.
Schools in WhartonCheck 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.
Mount Hope and Mount Arlington sell for less a square foot
The busier markets within 25 miles of Wharton, 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 | |
|---|---|---|---|---|---|
| Mount Arlington | 118 | $494K | $314 | 56% | 30 |
| Lake Hopatcong | 118 | $576K | $348 | 51% | 29 |
| White Meadow Lake | 85 | $593K | $359 | 67% | 32 |
| Dover | 82 | $495K | $339 | 65% | 35 |
| Mount Hope | 80 | $362K | $317 | 34% | 69 |
| Landing | 56 | $541K | $380 | 75% | 32 |
| Wharton | 51 | $506K | $332 | 69% | 33 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Wharton, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Wharton. People who follow the town see it, and so do people comparing Wharton with their own town. No commission, no listing fee.
Questions about buying a home in Wharton
What do homes sell for in Wharton, NJ?
51 homes sold in the year to May 2026 at a typical $506K, $332 a square foot.
Is Wharton a buyer’s or seller’s market?
A seller’s market: 8 homes were for sale in May 2026 and 5 sold, about 1.6 months of supply. Buyers paid 103% of asking on average, and 27% of listings cut their price.
When is the best time to buy in Wharton?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Wharton?
About 2.4% of a home’s value a year. On a $506K home that’s near $12,340.
Where can I see homes for sale in Wharton?
Zillow, Redfin, Realtor.com and Homes.com all carry Wharton’s MLS listings; the search links above open each one filtered to Wharton.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). 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).