Parsippany, NJ

Seller's market+8.3% YoY

Housing market overview · Updated weekly

$650,000median sale price

Homes sold

5

Last 12 weeks

Days on market

42

Average pace

Active listings

11

2.2 months supply

Sale-to-list

102.3%

Above asking

The Parsippany housing market is currently classified as a seller's market with a median sale price of $650,000. Prices have risen 8.3% compared to last year, with homes spending an average of 42 days on market, indicating 2.2 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 Parsippany

There are currently 11 homes listed for sale in Parsippany, New Jersey. The median listing price is $768K.

Active listings

11

Homes on market

Median list price

$768K

Avg. days on market

42

Days until sale

New this week

8

Newly listed

Sale-to-list:102.3%

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Frequently asked questions

What is the average home price in Parsippany?

The median home sale price in Parsippany is $650,000, up 8.3% from last year.

How long do homes stay on market in Parsippany?

Homes typically spend 42 days on market before going under contract.

Is Parsippany a buyer's or seller's market?

With 2.2 months of supply, Parsippany is currently a seller's market.

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