New listing
9
$295,000
50 Elm St Unit 4B
Morristown, NJ 07960
1 bd1 ba
Condo15,682 sqft lot
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Morristown, NJ
Balanced market+11.0% YoY
Housing market overview · Updated weekly
$721,250median sale price
Homes sold
6
Last 12 weeks
Days on market
54
Average pace
Active listings
16
2.7 months supply
Sale-to-list
99.3%
Below asking
The Morristown housing market is currently classified as a balanced market with a median sale price of $721,250. Prices have risen 11.0% compared to last year, with homes spending an average of 54 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Morristown
There are currently 16 homes listed for sale in Morristown, New Jersey. The median listing price is $808K. Featured listings range from $295,000 to $1,299,000.
New listing
35
$475,000
7 Prospect St Unit 410
Morristown, NJ 07960
1 bd1 ba
Condo
Est. $475KSold 2010 for $318K
Ryan Dougherty · COMPASS NEW JERSEY, LLC
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New listing
30
$500,000
1 Lyons Pl
Morristown, NJ 07960
2 bd2 ba1,296 sqft
House6,098 sqft lot
Est. $515KSold 2017 for $343K
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New listing
22
$525,000
14G Dorado Dr Unit G
Morristown, NJ 07960
2 bd3 ba
Condo2.44 acres
Michelle Slinger · RE MAX HERITAGE PROPERTIES
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New listing
26
$589,900
78 Wildflower Ln Unit 1604
Morristown, NJ 07960
2 bd3 ba
Townhouse
Est. $592KSold 2020 for $389K
EXP Realty, LLC
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New listing
26
$589,900
78 Wildflower Ln
Morristown, NJ 07960
2 bd3 ba
Condo4,792 sqft lot
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New listing
41
$650,000
8 Grant St
Morristown, NJ 07960
3 bd3 ba
House3,049 sqft lot
Est. $613KSold 2017 for $350K
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New listing
23
$675,000
38 Keats Way
Morristown, NJ 07960
2 bd3 ba1,392 sqft
Condo2,614 sqft lot
Est. $720KSold 2019 for $399K
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New listing
28
$734,990
79 Rhyan Dr
Morristown, NJ 07054
3 bd3 ba1,676 sqft
Townhouse
Est. $694KSold 2010 for $445K
Reshni Mahtani · ELEVENX
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New listing
26
$749,999
15 House Rd
Morristown, NJ 07960
4 bd2 ba
House10,019 sqft lot
Est. $790KSold 1998 for $215K
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New listing
47
$1,150,000
20 Fieldstone Dr
Morristown, NJ 07960
5 bd3 ba3,157 sqft
House30,928 sqft lot
Est. $1.0MSold 2015 for $585K
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New listing
45
$1,299,000
2 Barnstable Ct
Morristown, NJ 07960
4 bd3 ba
House18,295 sqft lot
Est. $1.2MSold 2005 for $915K
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Active listings
16
Homes on market
Median list price
$808K
Avg. days on market
54
Days until sale
New this week
10
Newly listed
Price drops:12.5%of listings
Sale-to-list:99.3%
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Frequently asked questions
What is the average home price in Morristown?
The median home sale price in Morristown is $721,250, up 11.0% from last year.
How long do homes stay on market in Morristown?
Homes typically spend 54 days on market before going under contract.
Is Morristown a buyer's or seller's market?
With 2.7 months of supply, Morristown is currently a balanced market.
How many homes are for sale in Morristown?
There are currently 16 homes listed for sale in Morristown, NJ.
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