What the Pros Know
Market Snapshot
Zip Code 7005 | Morris County, NJ
15,106
Population
YoY
202242.5
Median Age
YoY
2022$120,783
Median Household Income
YoY
2022$730,000
Median Sale Price
1.0% MoM
18.7% YoY
5/202431
Homes Sold
6.9% MoM
6.1% YoY
5/20240.7
Months Inventory
71.5% MoM
YoY
5/202415
Days on Market
6 MoM
20 YoY
5/202422
Listings
69.2% MoM
46.7% YoY
5/2024107.3%
Sale Price to List Price
3.1% MoM
5.3% YoY
5/2024
See 7005 on Zillow
1. Population Data from U.S. Census Bureau.
2. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.