Morris County, NJ Housing Market

$688,157

3.2% 1-yr

The average Morris County, NJ home value is $688,157, up 3.2% over the past year and goes to pending in around 18 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Morris County Key Takeaways

Typical Home Values: $688,157

1-year Value Change: +3.2%

(Data through August 31, 2025)

Morris County Housing Market Overview

--1-year Market Forecast

1,110For sale inventory(September 30, 2025)

471New listings(September 30, 2025)

1.050Median sale to list ratio(July 31, 2025)

$670,167Median sale price(July 31, 2025)

$666,633Median list price(September 30, 2025)

75.9%Percent of sales over list price(July 31, 2025)

17.1%Percent of sales under list price(July 31, 2025)

18Median days to pending(September 30, 2025)

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Cities in Morris County

NameMedian ZHVI
Victory Gardens$350,278
Dover$506,766
Randolph--
Mine Hill Township$496,934
Morris Plains$717,878
Denville--
Mount Tabor--
Kenvil--
Brookside--

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Morris County Homes for Sale

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Morris County Rental Market Trends

$2,930Average rent in Morris County(September 30, 2025)

$1,979National average rent(September 30, 2025)

-0.2%Month-over-month change(September 30, 2025)

3.7%Year-over-year change(September 30, 2025)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.