- 2 bd
- 2 ba
- - sqft
Mountain Lakes, NJ Housing Market
$1,199,066
6.8% 1-yrThe average Mountain Lakes, NJ home value is $1,199,066, up 6.8% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Mountain Lakes Key Takeaways
Typical Home Values: $1,199,066
1-Year Value Change: +6.8%
(Data through September 30, 2026)
Mountain Lakes Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Mountain Lakes
- NameMedian ZHVI
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Mountain Lakes Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Mountain Lakes For Rent Listings
View Mountain Lakes for rent listingsFrequently Asked Questions
What are current home values in Mountain Lakes, NJ?
The median home value in Mountain Lakes, NJ is $1,199,066 as of September 2026. This represents a 0.1% increase compared to last month and a 6.8% increase year-over-year.
How have home values changed in Mountain Lakes, NJ?
Home values in Mountain Lakes, NJ have increased by 0.1% month-over-month and 6.8% year-over-year.
How do home values in Mountain Lakes, NJ compare to Morris County, New Jersey, and the national average?
The median home value in Mountain Lakes, NJ ($1,199,066) compares to: Morris County ($701,797), New Jersey ($575,123), and the U.S. national median ($366,157).