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BOONTON, NJ 07005

Real Estate Market Report  ·  Morris County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
29
vs 29 last year
Pending
14
48% pending ratio
Median Price
$849,000
⇧ 28.8% vs $659,000 last year
Average Price
$1,041,000
⇩ 33.1% vs $1,556,970 last year
Days on Market
43
⇩ 44.2% vs 77 days last year

Market Context

Population: 15,106  ·  Density: 318.7/mi²  ·  Median household income: $120,783

Typical home value: $549,627  ·  Homeownership: 69.7%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The BOONTON, NJ real estate market (07005) currently shows 29 active listings, with 14 pending sales. Homes are averaging 43 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 43 days on market compared to 77 days last year.

The median listing price has risen 28.8% year-over-year, from $659,000 to $849,000.

Whether you are buying or selling in BOONTON, 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 43 now vs 77 last year

Median & Average Pricing

Year over Year
  • Median: $849,000 (+28.8% YoY)
  • Average: $1,041,000 (-33.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.6 miles — 217 listings ($162,883,331 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07005Boonton, NJ 070050.0 mi29$30,189,000$849,000$1,041,000
07045Montville, NJ 070453.0 mi14$14,703,150$838,500$1,050,225
07034Lake Hiawatha, NJ 070343.8 mi17$8,889,300$399,950$522,900
07405Butler, NJ 074054.5 mi34$36,928,624$813,944$1,086,136
07878Mount Tabor, NJ 078785.0 mi6$2,608,500$434,750$434,750
07058Pine Brook, NJ 070585.7 mi4$6,366,332$1,399,900$1,591,583
07444Pompton Plains, NJ 074446.4 mi12$5,705,316$524,950$475,443
07950Morris Plains, NJ 079506.6 mi31$17,190,616$615,450$554,536
07801Dover, NJ 078016.8 mi24$12,156,552$494,450$506,523
07981Whippany, NJ 079817.2 mi9$7,881,003$817,000$875,667
07403Bloomingdale, NJ 074037.8 mi14$6,657,280$466,950$475,520
07435Newfoundland, NJ 074358.1 mi2$1,098,000$549,000$549,000
07442Pompton Lakes, NJ 074428.6 mi21$12,509,658$599,000$595,698

Frequently Asked Questions

How many homes are for sale in BOONTON, NJ 07005?

As of January 2026, there are 29 active listings in BOONTON, NJ (zip code 07005), compared to 29 the prior year.

What is the median home price in BOONTON, NJ 07005?

The median listing price in BOONTON, NJ 07005 is $849,000 as of January 2026, a 28.8% increase from $659,000 the prior year.

How long do homes stay on the market in BOONTON, NJ?

Homes in BOONTON, NJ 07005 spend an average of 43 days on the market before going under contract, compared to 77 days the prior year.

Is it a seller's or buyer's market in BOONTON, NJ 07005?

Based on current inventory and days-on-market data as of January 2026, BOONTON, NJ 07005 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 43 days on market compared to 77 days last year.

How much can I save on real estate commission in BOONTON, NJ?

With SELL123.com's maximum 3% commission, sellers in BOONTON, NJ 07005 save an estimated $16,980 compared to a typical 5% commission on the median listing price of $849,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.