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$699,500
Median Sale Price
2.9% MoM
11.0% YoY
6/202540
Homes Sold
0.0% MoM
2.6% YoY
6/20250.7
Months Inventory
8.3% MoM
20.3% YoY
6/202517
Days on Market
0 MoM
2 YoY
6/202526
Listings
8.3% MoM
18.2% YoY
6/2025371
Price per Sq Ft
7.4% MoM
1.2% YoY
6/2025
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.

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