What the Pros Know
Market Snapshot
Zip Code 7981 | Morris County, NJ
8,938
Population
YoY
202249.5
Median Age
YoY
2022$144,573
Median Household Income
YoY
2022$727,500
Median Sale Price
16.4% MoM
5.4% YoY
7/202419
Homes Sold
18.8% MoM
26.7% YoY
7/20240.3
Months Inventory
39.8% MoM
34.2% YoY
7/202415
Days on Market
200 MoM
100 YoY
7/20245
Listings
44.4% MoM
16.7% YoY
7/2024108.2%
Sale Price to List Price
2.2% MoM
4.3% YoY
7/2024
See 7981 on Zillow
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.