Is Hopatcong, NJ 07843 a buyer’s or seller’s market?

The Hopatcong housing market right now

In the three months ending August 31, 2026, 66% of homes in Hopatcong, NJ 07843 sold above their list price, the typical home went under contract in 28 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 64 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 63%, homes sold faster (31 days then) and the median sale price rose 14% to $467,297. Overall, Hopatcong is more competitive than a year ago, so tougher for buyers.

Within Sussex County, homes here sell faster than in 56% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, Hopatcong ranks #152 of 444 NJ ZIP codes with enough sales (score 85 out of 100).

Nearby, buyers who want less competition could look at Augusta 07822 (0% sold over asking) or Vernon 07462 (30% sold over asking), while Andover 07821 (71% sold over asking) and Stanhope 07874 (69% sold over asking) are even more competitive.