Data as of January 2026. Source: Realtor.com.
The Morristown, NJ real estate market currently shows 58 active listings, with 25 pending sales. Homes are averaging 47 days on the market before going under contract.
Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 47 days on market compared to 56 days last year.
The median listing price has risen 11.8% year-over-year, from $805,000 to $899,999.
Whether you are buying or selling in Morristown, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
ZIP coverage: 3 · Population: 46,560 · Median household income: $146,024
Typical home value: $678,232 · Homeownership rate: 62.5%