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Featured local agent — Whippany, NJ
Sarah Mitchell
Compass Real Estate · Whippany, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Whippany, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$570,000median sale price
How is the Whippany, NJ housing market right now?
The median home sale price in Whippany, NJ is $570,000, down 26.1% year-over-year. Homes sell in an average of 14 days with 5 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 Whippany a buyer's or seller's market?
Whippany, NJ is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 14 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
14
Fast-moving
Active listings
5
1.0 months supply
Sale-to-list
101.2%
Above asking
What does the Whippany housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $570,000 |
| Median list price | $707,450 |
| Year-over-year price change | -26.1% |
| Average days on market | 14 days |
| Active inventory | 5 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 101.2% |
| Median price per sq ft | $374/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 12 |
| Listings with a price cut | 40.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Whippany by property type?
How the Whippany, 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 | $570,000 | $374/sq ft | 5 | 14 days |
| Condo / Co-op | $405,000 | $347/sq ft | 1 | 18 days |
Source: Redfin · Updated monthly
The Whippany housing market is currently classified as a strong seller's market with a median sale price of $570,000. Prices have fallen 26.1% compared to last year, with homes spending an average of 14 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Whippany
There are currently 5 homes listed for sale in Whippany, New Jersey. The median listing price is $707K.
Active listings
5
Homes on market
Median list price
$707K
Avg. days on market
14
Days until sale
New this week
12
Newly listed
Who lives in Whippany?
Population
8,862
Median income
$153,725/yr
Median age
49.4 years
Owner-occupied
88.8%
College grads
55.2%
Avg commute
25.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Whippany?
Zillow rent index
$3,612/mo
Source: Zillow Research
What is it like to live in Whippany?
Whippany is a community of approximately 9K residents with a median age of 49.4 years.The median household income is $153,725, which reflects a relatively affluent area with strong earning potential. 55.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 88.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Whippany offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Whippany?
4 schools tracked · 1,557 students
The largest public schools serving Whippany, 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.
Whippany Park High School
Grades 9-12 · 594 students
Memorial Junior School
Grades 6-8 · 426 students
Bee Meadow School
Grades PK-5 · 301 students
Salem Drive School
Grades K-5 · 236 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 Whippany, NJ?
Want a head-to-head view? Compare Whippany side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Whippany?
The median home sale price in Whippany is $570,000, down 26.1% from last year.
How long do homes stay on market in Whippany?
Homes typically spend 14 days on market before going under contract.
What is the median income in Whippany?
The median household income is $153,725 per year.
Is Whippany a buyer's or seller's market?
With 1.0 months of supply, Whippany is currently a strong seller's market.
What is the median condo price in Whippany?
The median condo/co-op sale price in Whippany, NJ is $405,000, compared to $570,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Whippany?
The median single-family home price in Whippany, NJ is $570,000 (about $374 per square foot).
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