Morris County, NJ Home Values & Market Trends
The median home price in Morris County, NJ is $732,947. There were 6,402 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 $682,424. The number of current listings in Morris County, NJ is 4,693, and the percentage of properties for sale is 4693.00%. The county has 1,017 foreclosures, 7 bank owned properties, 74 headed for auction, and 4,693 properties for sale.
Morris County, NJ Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Morristown | $ 980,474 $ 447/sqft | Mount Arlington | $ 514,661 $ 338/sqft |
| Rockaway | $ 569,000 $ 339/sqft | Towaco | $ 984,066 $ 391/sqft |
| Randolph | $ 803,459 $ 353/sqft | Lake Hiawatha | $ 545,705 $ 400/sqft |
| Denville | $ 749,652 $ 385/sqft | Pompton Plains | $ 694,975 $ 402/sqft |
| Chatham | $ 1,603,280 $ 649/sqft | Florham Park | $ 1,288,629 $ 530/sqft |
| Morris Plains | $ 765,000 $ 369/sqft | Whippany | $ 800,000 $ 418/sqft |
| Boonton | $ 745,000 $ 379/sqft | Mountain Lakes | $ 1,272,260 $ 438/sqft |
| Parsippany | $ 750,699 $ 371/sqft | Ledgewood | $ 485,976 $ 325/sqft |
| Lake Hopatcong | $ 580,959 $ 340/sqft | Mine Hill | $ 499,000 $ 346/sqft |
| Budd Lake | $ 582,250 $ 325/sqft | Riverdale | $ 476,762 $ 365/sqft |
| Succasunna | $ 678,074 $ 333/sqft | Netcong | $ 499,500 $ 301/sqft |
| Dover | $ 531,500 $ 345/sqft | Pine Brook | $ 856,999 $ 389/sqft |
| East Hanover | $ 918,597 $ 407/sqft | Pequannock | $ 684,512 $ 379/sqft |
| Mendham | $ 1,175,000 $ 411/sqft | Millington | $ 844,473 $ 409/sqft |
| Long Valley | $ 785,971 $ 287/sqft | Kenvil | $ 579,139 $ 336/sqft |
| Montville | $ 921,478 $ 358/sqft | Gillette | $ 724,012 $ 384/sqft |
| Butler | $ 590,447 $ 348/sqft | Cedar Knolls | $ 742,607 $ 419/sqft |
| Madison | $ 1,332,401 $ 609/sqft | Stirling | $ 736,661 $ 428/sqft |
| Flanders | $ 700,475 $ 315/sqft | Mount Tabor | $ 597,084 $ 404/sqft |
| Wharton | $ 495,050 $ 322/sqft | New Vernon | $ 2,368,061 $ 974/sqft |
| Chester | $ 974,913 $ 337/sqft | Green Village | $ 1,450,087 $ 385/sqft |
| Lincoln Park | $ 599,450 $ 365/sqft | Brookside | $ -- $ -- |
| Landing | $ 544,000 $ 365/sqft |
Housing Market Summary for Morris County, NJ
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $655K | $699K | 6.72% |
| Median Sold Price | $687.5K | $696.7K | 1.33% |
| Homes For Sale | 2,385 | 4,517 | 89.39% |
| Homes Sold | 2,982 | 1,996 | -33.07% |
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 $57,660 to $9,950,000. Chatham is the priciest city with a median listing home price of $1,650,000, and Riverdale is most affordable with average house prices of around $454,700.
- Pre-ForeclosurePre-foreclosure homes account for 10.64% of all residential properties in Morris County, NJ with Rockaway containing 60 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 45 cities within Morris County, NJ; of those cities, the estimated home value for pre-foreclosure homes ranges from $950,042 in New Vernon to the lowest home value of $100,401 in Morristown.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Morris County, NJ ranges from the highest value of $458,603 in Morristown to the lowest value of $302,413 in Butler. Bank owned homes and properties account for 0.08% of properties in Morris County, NJ. There are 45 cities within Morris County, NJ; Lake Hiawatha containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsLake Hopatcong 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 0.84% of all properties in Morris County, NJ. There are 45 cities within Morris County, NJ; of those cities, the median estimated home value for homes going to auction ranges from $699,000 in Chatham to the lowest value of $120,112 in Chatham.
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More Real Estate Resources for Morris County, NJ
Guide for Morris County, NJ
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
