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$732,500
Median Sale Price
3.4% MoM
19.2% YoY
5/202437
Homes Sold
32.1% MoM
15.6% YoY
5/20240.6
Months Inventory
13.5% MoM
YoY
5/202413
Days on Market
2 MoM
8 YoY
5/202421
Listings
50.0% MoM
0.0% YoY
5/2024108.4%
Sale Price to List Price
2.0% MoM
5.0% 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.