Morris County, NJ Home Values & Market Trends
The median home price in Morris County, NJ is $720,946.51. There were 5,216 home sales in Morris County, NJ over the past 12 months. The median residential Morris County, NJ home value for transactions over the previous year is $680,089.084. The number of current listings in Morris County, NJ is 4,009, and the percentage of properties for sale is 80.53%. The county has 969 foreclosures, 18 bank owned properties, 74 headed for auction, and 4,009 properties for sale.
Morris County, NJ Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Morristown | $ 949,571 $ 436/sqft | Lake Hopatcong | $ 547,074 $ 334/sqft |
| Rockaway | $ 569,000 $ 338/sqft | Succasunna | $ 669,900 $ 320/sqft |
| Randolph | $ 769,526 $ 342/sqft | Dover | $ 530,000 $ 324/sqft |
| Denville | $ 718,298 $ 387/sqft | Mendham | $ 1,199,000 $ 412/sqft |
| Chatham | $ 1,673,680 $ 660/sqft | Long Valley | $ 777,694 $ 283/sqft |
| Boonton | $ 720,111 $ 377/sqft | East Hanover | $ 864,560 $ 380/sqft |
| Morris Plains | $ 788,444 $ 366/sqft | Montville | $ 903,039 $ 357/sqft |
| Parsippany | $ 736,191 $ 365/sqft | Budd Lake | $ 556,790 $ 316/sqft |
| Oak Ridge | $ 547,874 $ 307/sqft | Wharton | $ 497,013 $ 333/sqft |
| Kinnelon | $ 929,307 $ 329/sqft | Butler | $ 579,526 $ 353/sqft |
Housing Market Summary for Morris County, NJ
| Jun 2025 | June 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $639.2K | $670.1K | 4.84% |
| Median Sold Price | $639.8K | $670.1K | 4.74% |
| Homes For Sale | 634 | 3,578 | 464.35% |
| Homes Sold | 3,104 | 2,200 | -29.12% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Morris County, NJ
Browse Homes in Morris County, NJ
Morris County, NJ home values range from $29,466 to $9,950,000. New Vernon is the priciest city with a median listing home price of $5,255,000, and Mount Tabor is most affordable with average house prices of around $399,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.56% of all residential properties in Morris County, NJ with Rockaway containing 55 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 54 cities within Morris County, NJ; of those cities, the estimated home value for pre-foreclosure homes ranges from $2,976,723 in Morristown to the lowest home value of $89,097 in Morristown.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Morris County, NJ ranges from the highest value of $1,250,000 in Mountain Lakes to the lowest value of $219,900 in Rockaway. Bank owned homes and properties account for 0.01% of properties in Morris County, NJ. There are 54 cities within Morris County, NJ; Rockaway containing 3 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsParsippany has 6 auction properties, the highest number of properties going to auction in a single city in the state of Morris County, NJ. Auction homes and other auction properties account for 0.05% of all properties in Morris County, NJ. There are 54 cities within Morris County, NJ; of those cities, the median estimated home value for homes going to auction ranges from $2,219,338 in Madison to the lowest value of $197,568 in Madison.