What the Pros Know
Market Snapshot
Zip Code 7950 | Morris County, NJ
21,738
Population
YoY
202245.4
Median Age
YoY
2022$146,903
Median Household Income
YoY
2022$675,500
Median Sale Price
1.4% MoM
11.9% YoY
5/202455
Homes Sold
17.0% MoM
6.8% YoY
5/20240.3
Months Inventory
18.3% MoM
YoY
5/202418
Days on Market
2 MoM
1 YoY
5/202418
Listings
20.0% MoM
37.9% YoY
5/2024104.3%
Sale Price to List Price
0.2% MoM
1.0% 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.