What the Pros Know
Market Snapshot
Zip Code 7405 | Morris County, NJ
17,993
Population
YoY
202242.3
Median Age
YoY
2022$125,896
Median Household Income
YoY
2022$743,000
Median Sale Price
3.1% MoM
28.7% YoY
7/202452
Homes Sold
23.8% MoM
8.8% YoY
7/20240.5
Months Inventory
29.7% MoM
16.9% YoY
7/202422
Days on Market
300 MoM
300 YoY
7/202427
Listings
22.9% MoM
22.9% YoY
7/2024104.8%
Sale Price to List Price
0.3% MoM
0.9% YoY
7/2024
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.