NJ Market Dashboard
Morris County
Last updated: January 2026
Median Sale Price
$685K
Days on Market
31 days
Active Listings
449
Sale vs. Ask Price
102.43%
Median Sale Price Trend
12-month rolling median — Morris County
Days on Market
Green = below average (faster sales)
Inventory Levels
Active vs. new listings — monthly
Price Per Sqft by City
Ranked highest to lowest — Jan 2026
Sale vs. Ask Price
Above 100% = homes sold for more than asking price
Market Health Score
Composite index across 4 demand & supply factors
What This Means For You
Data-driven takeaways for buyers, sellers, and investors in Morris County right now.
For Buyers
Competitive- →This is a competitive seller's market. Come prepared with pre-approval in hand and be ready to move quickly on well-priced homes.
- →Days on market are up 2 days year-over-year, meaning homes are sitting longer. Use this time to get thorough inspections done before making offers.
- →Homes still sell above asking at 102.43% — so expect competition on move-in-ready, well-priced properties. Budget for at least asking price on desirable listings.
For Sellers
Strong Demand- →Median prices are up 9.6% year-over-year. The market is rewarding sellers who price with the trend, not against it.
- →Homes priced correctly are selling at 102.43% of list price — above asking. This only happens when you price strategically, not aspirationally.
- →Strong demand means a well-prepared home can generate multiple offers. Don't leave money on the table — prep properly and list at the right time.
- →Spring (March–May) typically brings peak buyer traffic in this county. List prepared, not rushed.
For Investors
Monitor- →With prices up 9.6% year-over-year, Morris County continues to build equity for existing owners. Entry-level and value-add properties offer the best basis.
- →Affordability is a constraint at the premium price point — focus on small multifamily or lower-priced municipalities within the county for better cap rate potential.
- →DOM of 31 days means motivated sellers are out there. Off-market outreach and patient deal sourcing can yield below-market acquisitions.
From the Blog
How to Sell Your NJ Home for Top Dollar in 2026
The 2026 NJ market rewards sellers who price right, prep smart, and move fast. Here's exactly how to do it.
Read →Buyer & Seller TipsFirst-Time Home Buyer's Guide to New Jersey (2026)
Everything you need to know before buying your first home in NJ — from pre-approval to closing, with 2026 market context.
Read →Explore Nearby Counties
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