Is Wallpack Center, NJ 07881 a buyer’s or seller’s market?
Wallpack Center is a seller’s market. With about 1.9 months of supply and 40% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Not ranked this month. Fewer than 15 sales in the 3-month window, so the numbers can swing too much to compare fairly. How the heat score works
The Wallpack Center housing market right now
In the three months ending August 31, 2026, 40% of homes in Wallpack Center, NJ 07881 sold above their list price, the typical home went under contract in 59 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (40% then), homes sold more slowly (24 days then) and the median sale price rose 15% to $437,311. Overall, Wallpack Center is less competitive than a year ago, which gives buyers more room.
Within Sussex County, homes here sell more slowly than in 94% of the county’s ZIP codes, and sell less often over asking than in 89%.
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.
Run the numbers for 07881
Nearby markets
Andover 07821Seller’s market $292 /sq ftAugusta 07822Seller’s market $357 /sq ftBranchville 07826Balanced $289 /sq ftFranklin 07416Seller’s market $234 /sq ft Browse all markets →Where Wallpack Center is
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Questions about Wallpack Center real estate
Is Wallpack Center a buyer’s or seller’s market?
A seller’s market: there were 1.9 months of supply in Wallpack Center, NJ 07881 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Wallpack Center?
The typical home went under contract in 59 days in the latest three months.
Do homes in Wallpack Center sell over asking?
40% of homes sold above their original list price, and the typical sale closed at 96.8% of the list price.
What are property taxes in Wallpack Center?
About 2.31% of a home’s value a year in Sussex County, where towns range from 0.43% to 2.94%, or roughly $9,240 on a $400,000 home.
What is the median home price in Wallpack Center?
The median sale price was $437,311 in the three months ending August 31, 2026, about $250 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology