What the Pros Know
Market Snapshot
Zip Code 7847 | Morris County, NJ
1,685
Population
YoY
202244.1
Median Age
YoY
2022$77,519
Median Household Income
YoY
2022$460,000
Median Sale Price
6.6% MoM
17.2% YoY
5/20243
Homes Sold
50.0% MoM
50.0% YoY
5/20241.0
Months Inventory
100% MoM
YoY
5/202471
Days on Market
27 MoM
58 YoY
5/20243
Listings
200.0% MoM
YoY
5/2024108.5%
Sale Price to List Price
2.0% MoM
5.2% 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.