What the Pros Know
Market Snapshot
Zip Code 7885 | Morris County, NJ
11,673
Population
YoY
202240.1
Median Age
YoY
2022$102,578
Median Household Income
YoY
2022$440,950
Median Sale Price
0.2% MoM
1.5% YoY
7/202426
Homes Sold
4.0% MoM
18.2% YoY
7/20240.5
Months Inventory
25% MoM
0% YoY
7/202420
Days on Market
50 MoM
1050 YoY
7/202413
Listings
8.3% MoM
0.0% YoY
7/2024104.2%
Sale Price to List Price
1.4% MoM
1.3% 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.