What the Pros Know
Market Snapshot
Zip Code 7850 | Morris County, NJ
7,266
Population
YoY
202238.5
Median Age
YoY
2022$95,739
Median Household Income
YoY
2022$430,000
Median Sale Price
0.5% MoM
1.2% YoY
5/202412
Homes Sold
0.0% MoM
14.3% YoY
5/20241.0
Months Inventory
33.3% MoM
YoY
5/202418
Days on Market
13 MoM
4 YoY
5/202412
Listings
33.3% MoM
50.0% YoY
5/2024111.5%
Sale Price to List Price
1.8% MoM
2.1% 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.