Home Values
- - Zillow Home Value Index
  - List price ($)
  - Sale price ($)
  - Rent list price ($)
  - Zillow Rent Index
  - - Total homes sold
    - Value per sq. ft. ($)
    - List price / sq. ft. ($)
    - Sale price / sq. ft. ($)
    - Rent estimate / sq. ft. ($)
    - Rent list / sq. ft. ($)
    - Sale-to-list price ratio
    - Listings w/ price cut (%)
    - Amount of price cut (%)
    - Sold for loss (%)
    - Sold for gain (%)
    - Homes foreclosed
    - Foreclosure re-sales (%)
    - Increasing values (%)
    - Decreasing values (%)
    - Sold in past year (%)
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Morris County Home Prices and Home Values

Zillow Home Value Index
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Zillow Home Value Index
Mid-point of Zestimate valuations for Morris. Half the Zestimates are above this number and half are below it.
Median list price ($)
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Median list price ($)
Mid-point of the list price for homes listed on Zillow in Morris, or the asking price.
Median sale price ($)
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Median sale price ($)
Mid-point of the price homes have sold for in Morris. Half the homes sold above this number and half sold below.
Zillow Rent Index
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Zillow Rent Index
Mid-point of Rent Zestimates—Zillow's estimated monthly rent price—for homes in Morris. Half the Rent Zestimates are above this number and half are below it.
Median rent list price ($)
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Median rent list price ($)
Mid-point of the rental price for homes listed for rent on Zillow in the Morris. Half the homes have rent prices above this number and half are below.
Total homes sold
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Total homes sold
Total number of homes sold in Morris during the prior 30 days.
Median value per sq. ft. ($)
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Median value per sq. ft. ($)
Mid-point of the value of all homes in Morris, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).
Median list price / sq. ft. ($)
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Median list price / sq. ft. ($)
Mid-point of Morriss list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
Median sale price / sq. ft. ($)
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Median sale price / sq. ft. ($)
Mid-point of Morriss sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).
Rent estimate / sq. ft. ($)
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Rent estimate / sq. ft. ($)
Mid-point of the estimated monthly rent price of all homes in Morris, per square foot. This is derived by taking the Rent Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Rent Zestimate of $2000 per month has a $2 value/sq foot).
Median rent list price / sq. ft. ($)
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Median rent list price / sq. ft. ($)
Mid-point of Morriss rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).
Median sale-to-list price ratio
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Median sale-to-list price ratio
Mid-point of the ratio between the sale price and the list price for all homes in Morris (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).
Listings with price cut (%)
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Listings with price cut (%)
The percentage of current listings on Zillow in Morris whose price has been reduced in the last 30 days.
Median price cut (%)
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Median price cut (%)
Mid-point of the percentage of price reduction for homes in Morris whose prices have been reduced in the past full month.
Sold for loss (%)
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Sold for loss (%)
The percentage of homes in Morris that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.
Sold for gain (%)
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Sold for gain (%)
The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).
Homes foreclosed
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Homes foreclosed
The number of homes in the Morris per 10,000 that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.
Foreclosure re-sales (%)
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Foreclosure re-sales (%)
The percentage of home sales in a given month in Morris where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
Increasing values (%)
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Increasing values (%)
The percentage of homes in Morris whose values have increased in the past year.
Decreasing values (%)
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Decreasing values (%)
The percentage of all homes in Morris whose value has fallen in the last year.
Sold in past year (%)
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Sold in past year (%)
The percentage of all homes in Morris that were sold in the past 12 months.

$370,100
2.1%Y-o-Y

Calculated 05/15/2013^*
^*Includes data and transactions through 04/30/2013

RegionId	Region	M-o-M	Q-o-Q	Y-o-Y	Apr 2013
1241	Morris	-0.6%	-0.9%	2.1%	370100
17117	Boonton	-0.6%	-0.7%	2.5%	357100
35236	Budd Lake	-0.4%	0.2%	-0.3%	256700
48902	Butler	-0.7%	-1.6%	-5.7%	281500
397771	Chatham Township	0.1%	0.8%	-0.4%	654100
395751	Chester Township	0.6%	1.6%	2.0%	569000
29899	Denville	-1.0%	-2.4%	-1.5%	331500
11144	Dover	-0.2%	1.3%	5.8%	226100
8759	East Hanover	-0.8%	-0.9%	1.1%	449200
38545	Florham Park	-2.3%	-3.6%	-0.7%	534500
189064	Hanover	-1.1%	-1.4%	5.9%	415200
397524	Harding Township	-0.4%	-1.3%	1.4%	974200
12117	Jefferson Township	-0.7%	-1.0%	-2.0%	264300
21851	Kinnelon	-1.1%	-2.6%	-1.9%	483300
25599	Lincoln Park	-0.5%	-0.6%	1.2%	294000
397220	Long Hill Township	-2.5%	-4.9%	-2.3%	438000
49769	Long Valley	-1.8%	-2.0%	2.3%	326000
53105	Madison	0.2%	0.1%	-4.4%	504700
397829	Mendham Township	-0.7%	-0.7%	2.1%	650100
50250	Mine Hill	0.2%	0.7%	5.3%	237100
43583	Montville	-0.6%	-0.9%	2.9%	496600
53418	Morris Plains	-1.3%	-1.5%	1.9%	439900
398997	Morris Township	-0.7%	-1.1%	1.6%	489100
53420	Morristown	0.7%	2.9%	8.6%	346000
6060	Mount Arlington	-0.3%	-0.2%	1.0%	266900
32998	Mountain Lakes	-0.4%	-0.2%	2.0%	731700
397185	Mt Olive Township	-0.5%	-0.9%	1.2%	297000
39960	Netcong	-0.4%	-0.4%	2.7%	245900
396009	Parsippany-Troy Hills Township	-0.7%	-1.1%	2.3%	365000
6468	Pequannock	-1.4%	-3.3%	-5.4%	326400
13437	Randolph	-1.1%	-2.0%	3.9%	444300
13534	Riverdale	-0.2%	-0.3%	0.5%	281500
396484	Rockaway Township	-0.9%	-1.2%	-1.5%	271600
398431	Roxbury Township	-0.9%	-1.6%	-3.3%	251200
47885	Succasunna	-0.5%	-0.7%	1.7%	327400
190473	Victory Gardens
397995	Washington Township	-1.2%	-2.6%	1.3%	401700
9195	Wharton	-0.4%	-0.7%	1.0%	238700

Zillow Home Value Index		Y-o-Y
Morris	$370,100	2.1%
Passaic	$260,800	-1.0%
Essex	$278,900	2.0%
Somerset	$330,600	-0.8%
Union	$255,200	-3.1%
Sussex	$202,100	-4.2%

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Morris County Home Prices and Home Values

Zillow Home Value Index

Median list price ($)

Median sale price ($)

Zillow Rent Index

Median rent list price ($)

Total homes sold

Median value per sq. ft. ($)

Median list price / sq. ft. ($)

Median sale price / sq. ft. ($)

Rent estimate / sq. ft. ($)

Median rent list price / sq. ft. ($)

Median sale-to-list price ratio

Listings with price cut (%)

Median price cut (%)

Sold for loss (%)

Sold for gain (%)

Homes foreclosed

Foreclosure re-sales (%)

Increasing values (%)

Decreasing values (%)

Sold in past year (%)

This data is not available for Morris.

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