What the Pros Know
Market Snapshot
Zip Code 7046 | Morris County, NJ
4,499
Population
YoY
202243.7
Median Age
YoY
2022$250
Median Household Income
YoY
2022$993,500
Median Sale Price
4.5% MoM
15.2% YoY
5/20248
Homes Sold
100.0% MoM
27.3% YoY
5/20241.4
Months Inventory
38.9% MoM
YoY
5/202412
Days on Market
0 MoM
15 YoY
5/202411
Listings
22.2% MoM
120.0% YoY
5/2024109.8%
Sale Price to List Price
1.9% MoM
12.3% YoY
5/2024
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.