What the Pros Know
Market Snapshot
Zip Code 7457 | Morris County, NJ
4,081
Population
YoY
202249
Median Age
YoY
2022$103,214
Median Household Income
YoY
2022$402,500
Median Sale Price
3.0% MoM
6.4% YoY
7/20248
Homes Sold
38.5% MoM
61.9% YoY
7/20240.5
Months Inventory
116.7% MoM
50% YoY
7/202411
Days on Market
700 MoM
800 YoY
7/20244
Listings
33.3% MoM
42.9% YoY
7/2024107.2%
Sale Price to List Price
5.7% MoM
4.4% 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.