What the Pros Know
Market Snapshot
Zip Code 7801 | Morris County, NJ
26,548
Population
YoY
202239.4
Median Age
YoY
2022$70,942
Median Household Income
YoY
2022$460,000
Median Sale Price
2.1% MoM
38.3% YoY
5/202428
Homes Sold
12.0% MoM
75.0% YoY
5/20240.4
Months Inventory
14.3% MoM
YoY
5/202426
Days on Market
5 MoM
10 YoY
5/202412
Listings
9.1% MoM
7.7% YoY
5/2024103.3%
Sale Price to List Price
0.1% MoM
2.9% 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.