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$505,000
Median Sale Price
3.8% MoM
13.5% YoY
7/202419
Homes Sold
46.2% MoM
11.8% YoY
7/20240.6
Months Inventory
37.3% MoM
1.6% YoY
7/202420
Days on Market
200 MoM
350 YoY
7/202411
Listings
8.3% MoM
10.0% YoY
7/2024107.0%
Sale Price to List Price
3.2% MoM
0.2% 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.