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MINE HILL, NJ 07803

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

Neighborhoods in ZIP 07803

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Market Analysis

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

The MINE HILL, NJ real estate market (07803) currently shows 7 active listings, with 4 pending sales. Homes are averaging 6 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 6 days on market compared to 18 days last year.

The median listing price has fallen 30.2% year-over-year, from $499,000 to $348,450.

Whether you are buying or selling in MINE HILL, 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 Context

Market Context

Population: 3,990  ·  Density: 524.2/mi²  ·  Median household income: $110,208

Typical home value: $362,987  ·  Homeownership: 90.9%

Market Overview

Active Listings
7
vs 7 last year
Pending
4
57% pending ratio
Median Price
$348,450
⇩ 30.2% vs $499,000 last year
Average Price
$339,200
⇩ 26.9% vs $463,857 last year
Days on Market
6
⇩ 66.7% vs 18 days last year

Price Per Square Foot

Median $/sqft
$263
⇩ 3% vs $271/sqft last year
Median Home Size
1,816 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 6 now vs 18 last year

Median & Average Pricing

Year over Year
  • Median: $348,450 (-30.2% YoY)
  • Average: $339,200 (-26.9% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.8 miles — 311 listings ($251,614,833 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07803Mine Hill, NJ 078030.0 mi5$1,353,835$297,450$270,767
07869Randolph, NJ 078692.5 mi37$36,801,828$793,570$994,644
07876Succasunna, NJ 078763.4 mi18$10,631,520$599,950$590,640
07850Landing, NJ 078503.8 mi14$9,113,804$539,900$650,986
07801Dover, NJ 078014.6 mi19$9,276,389$448,225$488,231
07857Netcong, NJ 078575.4 mi2$1,198,000$599,000$599,000
07834Denville, NJ 078345.9 mi41$26,674,600$481,975$650,600
07878Mount Tabor, NJ 078786.4 mi2$1,172,000$586,000$586,000
07874Stanhope, NJ 078746.7 mi27$12,082,230$469,450$447,490
07866Rockaway, NJ 078667.9 mi52$26,262,600$523,450$505,050
07930Chester, NJ 079308.0 mi13$15,664,558$1,099,725$1,204,966
07960Morristown, NJ 079608.4 mi58$77,481,156$950,000$1,335,882
07821Andover, NJ 078219.8 mi23$23,902,313$699,000$1,039,231

Frequently Asked Questions

How many homes are for sale in MINE HILL, NJ 07803?

As of April 2026, there are 7 active listings in MINE HILL, NJ (zip code 07803), compared to 7 the prior year.

What is the median home price in MINE HILL, NJ 07803?

The median listing price in MINE HILL, NJ 07803 is $348,450 as of April 2026, a 30.2% decrease from $499,000 the prior year.

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

Homes in MINE HILL, NJ 07803 spend an average of 6 days on the market before going under contract, compared to 18 days the prior year.

Is it a seller's or buyer's market in MINE HILL, NJ 07803?

Based on current inventory and days-on-market data as of April 2026, MINE HILL, NJ 07803 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 6 days on market compared to 18 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MINE HILL, NJ 07803 save an estimated $6,969 compared to a typical 5% commission on the median listing price of $348,450. 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.