What the Pros Know
Market Snapshot
Zip Code 7438 | Morris County, NJ
11,209
Population
YoY
202245.8
Median Age
YoY
2022$120,242
Median Household Income
YoY
2022$480,000
Median Sale Price
2.1% MoM
21.5% YoY
7/202428
Homes Sold
12.0% MoM
12.5% YoY
7/20240.8
Months Inventory
1.8% MoM
47.9% YoY
7/202431
Days on Market
500 MoM
900 YoY
7/202422
Listings
10.0% MoM
22.2% YoY
7/2024102.6%
Sale Price to List Price
0.5% MoM
0.3% 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.