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$460,000
Median Sale Price
3.3% MoM
11.5% YoY
5/202419
Homes Sold
35.7% MoM
32.1% YoY
5/20240.4
Months Inventory
1.8% MoM
YoY
5/202442
Days on Market
3 MoM
23 YoY
5/20248
Listings
11.1% MoM
42.9% YoY
5/2024105.1%
Sale Price to List Price
1.2% MoM
0.4% 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.