What the Pros Know
Market Snapshot
Zip Code 7945 | Morris County, NJ
9,698
Population
YoY
202247
Median Age
YoY
2022$234,150
Median Household Income
YoY
2022$1,125,000
Median Sale Price
9.6% MoM
31.6% YoY
7/202437
Homes Sold
2.6% MoM
15.9% YoY
7/20240.7
Months Inventory
11.5% MoM
6.2% YoY
7/202414
Days on Market
0 MoM
300 YoY
7/202425
Listings
13.8% MoM
7.4% YoY
7/2024103.3%
Sale Price to List Price
0.9% MoM
1.2% 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.