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$725,000
Median Sale Price
6.5% MoM
17.9% YoY
7/202437
Homes Sold
32.1% MoM
14.0% YoY
7/20240.7
Months Inventory
27.2% MoM
70.9% YoY
7/202417
Days on Market
500 MoM
100 YoY
7/202425
Listings
7.4% MoM
47.1% YoY
7/2024111.1%
Sale Price to List Price
1.8% MoM
4.3% YoY
7/2024
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.