Data as of July 2026. Source: Realtor.com.
The PARSIPPANY, NJ real estate market (07054) currently shows 58 active listings, with 24 pending sales. Homes are averaging 25 days on the market before going under contract.
Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 25 days on market compared to 17 days last year.
The median listing price has risen 5.6% year-over-year, from $739,975 to $781,225.
Whether you are buying or selling in PARSIPPANY, 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: 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 July 2026, there are 58 active listings in PARSIPPANY, NJ (zip code 07054), compared to 34 the prior year.
The median listing price in PARSIPPANY, NJ 07054 is $781,225 as of July 2026, a 5.6% increase from $739,975 the prior year.
Homes in PARSIPPANY, NJ 07054 spend an average of 25 days on the market before going under contract, compared to 17 days the prior year.
Based on current inventory and days-on-market data as of July 2026, PARSIPPANY, NJ 07054 is currently a Buyer's Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 25 days on market compared to 17 days last year.
With SELL123.com's maximum 3% commission, sellers in PARSIPPANY, NJ 07054 save an estimated $15,625 compared to a typical 5% commission on the median listing price of $781,225. 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.