What the Pros Know
Market Snapshot
Zip Code 7045 | Morris County, NJ
10,240
Population
YoY
202251
Median Age
YoY
2022$163,047
Median Household Income
YoY
2022$809,500
Median Sale Price
3.1% MoM
24.4% YoY
7/202438
Homes Sold
2.7% MoM
35.7% YoY
7/20240.3
Months Inventory
94.7% MoM
50.9% YoY
7/202414
Days on Market
100 MoM
750 YoY
7/202410
Listings
42.9% MoM
33.3% YoY
7/2024107.2%
Sale Price to List Price
1.0% MoM
2.9% YoY
7/2024
See 7045 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.