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Featured local agent — Florham Park, NJ
Sarah Mitchell
Compass Real Estate · Florham Park, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Florham Park, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$990,000median sale price
How is the Florham Park, NJ housing market right now?
The median home sale price in Florham Park, NJ is $990,000, down 12.0% year-over-year. Homes sell in an average of 31 days with 15 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Florham Park a buyer's or seller's market?
Florham Park, NJ is currently a strong seller's market, based on 1.5 months of supply and homes selling in about 31 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
31
Average pace
Active listings
15
1.5 months supply
Sale-to-list
102.3%
Above asking
What does the Florham Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $990,000 |
| Median list price | $1.05M |
| Year-over-year price change | -12.0% |
| Average days on market | 31 days |
| Active inventory | 15 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 102.3% |
| Median price per sq ft | $501/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 15 |
| Listings with a price cut | 20.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Florham Park by property type?
How the Florham Park, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $990,000 | $501/sq ft | 10 | 31 days |
| Condo / Co-op | $610,000 | $419/sq ft | 1 | 68 days |
| Townhouse | $699,000 | $425/sq ft | 1 | 45 days |
Source: Redfin · Updated monthly
The Florham Park housing market is currently classified as a strong seller's market with a median sale price of $990,000. Prices have fallen 12.0% compared to last year, with homes spending an average of 31 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.3x provides context for how home values compare to local earning capacity.
Homes for sale in Florham Park
There are currently 15 homes listed for sale in Florham Park, New Jersey. The median listing price is $1.0M.
Active listings
15
Homes on market
Median list price
$1.0M
Avg. days on market
31
Days until sale
New this week
15
Newly listed
Who lives in Florham Park?
Population
13,134
Median income
$147,714/yr
Median age
39.9 years
Owner-occupied
69.6%
College grads
66.3%
Avg commute
26.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Florham Park?
Zillow home value
$1.08M
Price-to-income
7.3x
Source: Zillow Research
What is it like to live in Florham Park?
Florham Park is a community of approximately 13K residents with a median age of 39.9 years.The median household income is $147,714, which reflects a relatively affluent area with strong earning potential. 66.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 69.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Florham Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Florham Park?
3 schools tracked · 938 students
The largest public schools serving Florham Park, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Briarwood School
Grades PK-2 · 332 students
Brooklake School
Grades 3-5 · 308 students
Ridgedale Middle School
Grades 6-8 · 298 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Florham Park, NJ?
Want a head-to-head view? Compare Florham Park side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Florham Park?
The median home sale price in Florham Park is $990,000, down 12.0% from last year.
How long do homes stay on market in Florham Park?
Homes typically spend 31 days on market before going under contract.
What is the median income in Florham Park?
The median household income is $147,714 per year.
Is Florham Park a buyer's or seller's market?
With 1.5 months of supply, Florham Park is currently a strong seller's market.
What is the Zillow home value estimate for Florham Park?
The Zillow Home Value Index (ZHVI) for Florham Park is $1.08M, representing the typical home value in the area.
What is the median condo price in Florham Park?
The median condo/co-op sale price in Florham Park, NJ is $610,000, compared to $990,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Florham Park?
The median single-family home price in Florham Park, NJ is $990,000 (about $501 per square foot).
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