Data as of March 2026. Source: Realtor.com.
The Morristown, NJ real estate market currently shows 74 active listings, with 35 pending sales. Homes are averaging 22 days on the market before going under contract.
Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 22 days on market compared to 29 days last year.
The median listing price has risen 0.7% year-over-year, from $844,000 to $849,975.
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.
Population: 46,560 · Density: 519.3/mi² · Median household income: $146,024
Typical home value: $678,232 · Homeownership: 62.5%