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Featured local agent — Morristown, NY
Sarah Mitchell
Compass Real Estate · Morristown, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Morristown, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$255,000median sale price
How is the Morristown, NY housing market right now?
The median home sale price in Morristown, NY is $255,000. Homes sell in an average of 198 days with 5 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Morristown a buyer's or seller's market?
Morristown, NY is currently a leaning buyer's, based on 5.0 months of supply and homes selling in about 198 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
198
Average pace
Active listings
5
5.0 months supply
Sale-to-list
98.5%
Below asking
What does the Morristown housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $255,000 |
| Median list price | $164,000 |
| Average days on market | 198 days |
| Active inventory | 5 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 98.5% |
| Median price per sq ft | $108/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Morristown by property type?
How the Morristown, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $255,000 | $108/sq ft | 1 | 198 days |
| Condo / Co-op | $252,000 | $229/sq ft | 1 | 26 days |
Source: Redfin · Updated monthly
The Morristown housing market is currently classified as a leaning buyer's with a median sale price of $255,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 198 days on market, indicating 5.0 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 Morristown
There are currently 5 homes listed for sale in Morristown, New York. The median listing price is $164K.
Active listings
5
Homes on market
Median list price
$164K
Avg. days on market
198
Days until sale
New this week
2
Newly listed
What are homes worth in Morristown?
Zillow home value
$151,389
Source: Zillow Research
Which public schools serve Morristown?
1 schools tracked · 316 students
The largest public schools serving Morristown, NY 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.
MORRISTOWN CENTRAL SCHOOL
Grades PK-12 · 316 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 Morristown, NY?
Want a head-to-head view? Compare Morristown side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Morristown?
The median home sale price in Morristown is $255,000, down 0.0% from last year.
How long do homes stay on market in Morristown?
Homes typically spend 198 days on market before going under contract.
Is Morristown a buyer's or seller's market?
With 5.0 months of supply, Morristown is currently a leaning buyer's.
What is the Zillow home value estimate for Morristown?
The Zillow Home Value Index (ZHVI) for Morristown is $151,389, representing the typical home value in the area.
What is the median condo price in Morristown?
The median condo/co-op sale price in Morristown, NY is $252,000, compared to $255,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Morristown?
The median single-family home price in Morristown, NY is $255,000 (about $108 per square foot).
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