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$771,345
Median Sale Price
9.4% MoM
17.8% YoY
6/202522
Homes Sold
29.4% MoM
15.8% YoY
6/20250.5
Months Inventory
35.6% MoM
3.9% YoY
6/202519
Days on Market
4 MoM
4 YoY
6/202510
Listings
16.7% MoM
42.9% YoY
6/2025400
Price per Sq Ft
5.8% MoM
0.9% YoY
6/2025
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.