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$435,000
Median Sale Price
2.2% MoM
6.5% YoY
7/20243
Homes Sold
50.0% MoM
0.0% YoY
7/20241.0
Months Inventory
60% MoM
50% YoY
7/202448
Days on Market
800 MoM
3100 YoY
7/20243
Listings
40.0% MoM
50.0% YoY
7/2024111.0%
Sale Price to List Price
1.1% MoM
2.8% YoY
7/2024
See 7847 on Zillow
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.