What the Pros Know
Market Snapshot
Zip Code 7054 | Morris County, NJ
30,392
Population
YoY
202240.6
Median Age
YoY
2022$105,434
Median Household Income
YoY
2022$602,500
Median Sale Price
11.7% MoM
2.1% YoY
5/202429
Homes Sold
7.4% MoM
12.1% YoY
5/20240.5
Months Inventory
41.8% MoM
YoY
5/202412
Days on Market
2 MoM
7 YoY
5/202415
Listings
44.4% MoM
0.0% YoY
5/2024112.0%
Sale Price to List Price
3.9% MoM
7.8% YoY
5/2024
See 7054 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.