Data as of September 2026. Source: Realtor.com.
The PARSIPPANY, NJ real estate market (07054) currently shows 51 active listings, with 23 pending sales. Homes are averaging 33 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 33 days on market compared to 20 days last year.
The median listing price has risen 14.7% year-over-year, from $695,975 to $798,450.
Population: 30,392 · Density: 848.5/mi² · Median household income: $105,434
Typical home value: $558,211 · Homeownership: 49.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 07054 | Parsippany, NJ 07054 | 0.0 mi | 25 | $19,118,850 | $717,750 | $764,754 |
| 07981 | Whippany, NJ 07981 | 2.4 mi | 8 | $7,213,920 | $859,000 | $901,740 |
| 07936 | East Hanover, NJ 07936 | 3.2 mi | 19 | $17,915,917 | $925,000 | $942,943 |
| 07927 | Cedar Knolls, NJ 07927 | 3.6 mi | 5 | $3,792,500 | $758,500 | $758,500 |
| 07878 | Mount Tabor, NJ 07878 | 4.1 mi | 2 | $1,172,000 | $586,000 | $586,000 |
| 07834 | Denville, NJ 07834 | 4.9 mi | 41 | $26,674,600 | $481,975 | $650,600 |
| 07932 | Florham Park, NJ 07932 | 5.4 mi | 16 | $28,143,552 | $1,873,500 | $1,758,972 |
| 07004 | Fairfield, NJ 07004 | 5.5 mi | 5 | $5,028,815 | $874,250 | $1,005,763 |
| 07039 | Livingston, NJ 07039 | 6.2 mi | 53 | $102,824,134 | $1,844,750 | $1,940,078 |
| 07940 | Madison, NJ 07940 | 6.6 mi | 21 | $50,763,027 | $2,347,500 | $2,417,287 |
| 07960 | Morristown, NJ 07960 | 7.0 mi | 58 | $77,481,156 | $950,000 | $1,335,882 |
| 07866 | Rockaway, NJ 07866 | 8.1 mi | 52 | $26,262,600 | $523,450 | $505,050 |
| 07044 | Verona, NJ 07044 | 8.5 mi | 23 | $13,702,227 | $607,000 | $595,749 |
As of September 2026, there are 51 active listings in PARSIPPANY, NJ (zip code 07054), compared to 46 the prior year.
The median listing price in PARSIPPANY, NJ 07054 is $798,450 as of September 2026, a 14.7% increase from $695,975 the prior year.
Homes in PARSIPPANY, NJ 07054 spend an average of 33 days on the market before going under contract, compared to 20 days the prior year.
Based on current inventory and days-on-market data as of September 2026, PARSIPPANY, NJ 07054 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 33 days on market compared to 20 days last year.
With SELL123.com's maximum 3% commission, sellers in PARSIPPANY, NJ 07054 save an estimated $15,969 compared to a typical 5% commission on the median listing price of $798,450. 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.