What the Pros Know
Market Snapshot
Zip Code 7853 | Morris County, NJ
12,548
Population
YoY
202244.5
Median Age
YoY
2022$196,011
Median Household Income
YoY
2022$764,500
Median Sale Price
14.3% MoM
0.1% YoY
6/202538
Homes Sold
2.7% MoM
22.4% YoY
6/20250.5
Months Inventory
30.5% MoM
7.9% YoY
6/202518
Days on Market
1 MoM
1 YoY
6/202520
Listings
28.6% MoM
4.8% YoY
6/2025284
Price per Sq Ft
8.2% MoM
2.8% YoY
6/2025
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.

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