What the Pros Know
104
MyMarketPulse Score
107 Price
100 Volume
5/2024UPDATES IN YOUR INBOX
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514,423
Population
0.6% YoY
202341.4
Median Age
3% YoY
2022$130,808
Median Household Income
5.7% YoY
2022273,538
Labor Force
0.6% MoM
0.4% YoY
4/2024264,273
Employed
0% MoM
1.3% YoY
4/20243.4%
Unemployment Rate
15% MoM
36% YoY
4/2024$705,000
Median Sale Price
10.6% MoM
20.5% YoY
5/2024434
Homes Sold
20.2% MoM
6.6% YoY
5/20241.2
Months Inventory
10.9% MoM
20.3% YoY
5/202414
Days on Market
1 MoM
2 YoY
5/2024523
Listings
1.0% MoM
14.7% YoY
5/2024106.7%
Sale Price to List Price
0.3% MoM
2.2% YoY
5/2024Cities included in Morris County: Parsippany, Morristown, Dover, Madison, Florham Park, Oak Ridge, Lincoln Park, Pompton Plains, Lake Hopatcong, Kinnelon, Lake Hiawatha, Budd Lake, Succasunna, Flanders, White Meadow Lake, Whippany, Boonton, Butler, Wharton, Morris Plains, Pine Brook, Mount Arlington, Towaco, Ledgewood, Troy Hills, Landing, Mountain Lakes, Cedar Knolls, Riverdale, Netcong, Stirling, Mount Hope, Millington, Gillette, Long Valley, Kenvil, Victory Gardens, Brookside, Rainbow Lakes, Green Village, Lake Telemark, Port Morris, Mount Tabor, New Vernon, Lower Berkshire Valley, Hibernia
Zip Codes included in Morris County: [Click for zip code level data] 07005, 07034, 07035, 07045, 07046, 07054, 07058, 07082, 07405, 07438, 07440, 07444, 07457, 07801, 07803, 07828, 07834, 07836, 07842, 07847, 07849, 07850, 07852, 07853, 07856, 07857, 07866, 07869, 07870, 07876, 07878, 07885, 07926, 07927, 07928, 07930, 07932, 07933, 07935, 07936, 07940, 07945, 07946, 07950, 07960, 07961, 07970, 07976, 07980, 07981
1. Population Data from U.S. Census Bureau.
2. Employment Data from Bureau of Labor and Statistics
3. 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.