07950 Home Values & Market Trends
There are 74 homes currently listed for 07950. 07950 real estate market trends show that home prices range from $254,000 to $1,650,000, and the median sales price in the 07950 zip code is $747,331.58. The total number of properties sold within the past twelve months is 239. In 07950, 28 properties are in foreclosure, 1 are bank owned properties,and 2 are headed for auction.
07950 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|
Housing Market Summary for 07950
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $539K | $743.9K | 38.01% |
| Median Sold Price | $716.6K | $743.9K | 3.81% |
| Homes For Sale | 13 | 75 | 476.92% |
| Homes Sold | 137 | 129 | -5.84% |
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 07950
Browse Homes in 07950
The median list price of a home in Morris Plains, is $747,331.58. A total of 74 properties are for sale, and the percentage of properties for sale in the zip code is 72.55%. The total count of 07950 properties is 7,252.
- Pre-ForeclosurePre-foreclosure homes account for 0.34% of all residential properties in 07950 with Morris Plains containing 25 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07950; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,100,000 in Morris Plains to the lowest home value of $256,800 in Morris Plains.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07950 ranges from the highest value of $1,043,000 in Morris Plains to the lowest value of $1,043,000 in Morris Plains. Bank owned homes and properties account for 0.01% of properties in 07950. There is 1 cities within 07950; Morris Plains containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsMorris Plains has 2 auction properties, the highest number of properties going to auction in a single city in the state of 07950. Auction homes and other auction properties account for 0.03% of all properties in 07950. There is 1 cities within 07950; of that cities, the median estimated home value for homes going to auction ranges from $864,500 in Morris Plains to the lowest value of $282,800 in Morris Plains.