What the Pros Know
Market Snapshot
Zip Code 7058 | Morris County, NJ
6,052
Population
YoY
202239.3
Median Age
YoY
2022$152,422
Median Household Income
YoY
2022$1,017,500
Median Sale Price
12.4% MoM
45.4% YoY
5/20246
Homes Sold
50.0% MoM
20.0% YoY
5/20240.3
Months Inventory
33.3% MoM
YoY
5/202412
Days on Market
43 MoM
14 YoY
5/20242
Listings
0.0% MoM
100.0% YoY
5/2024107.1%
Sale Price to List Price
8.1% MoM
5.6% 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.