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$427,500
Median Sale Price
5.0% MoM
12.5% YoY
5/202434
Homes Sold
9.7% MoM
61.9% YoY
5/20240.4
Months Inventory
21.8% MoM
YoY
5/202423
Days on Market
4 MoM
7 YoY
5/202412
Listings
14.3% MoM
42.9% YoY
5/2024102.8%
Sale Price to List Price
0.7% MoM
0.8% 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.