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MINE HILL, NJ 07803

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

Market Overview

Active Listings
6
vs 6 last year
Pending
4
67% pending ratio
Median Price
$279,950
⇩ 35% vs $430,500 last year
Average Price
$279,950
⇩ 33.6% vs $421,849 last year
Days on Market
50
⇩ 12.3% vs 57 days last year

Market Context

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

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

Market Analysis

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

The MINE HILL, NJ real estate market (07803) currently shows 6 active listings, with 4 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 50 days on market compared to 57 days last year.

The median listing price has fallen 35% year-over-year, from $430,500 to $279,950.

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 Trends

Inventory & Days on Market

Year over Year
  • Days on market: 50 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $279,950 (-35% YoY)
  • Average: $279,950 (-33.6% 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 9.8 miles — 300 listings ($252,763,252 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07803Mine Hill, NJ 078030.0 mi6$1,679,700$279,950$279,950
07869Randolph, NJ 078692.5 mi29$27,287,028$782,515$940,932
07876Succasunna, NJ 078763.4 mi15$9,448,500$599,999$629,900
07850Landing, NJ 078503.8 mi11$13,407,658$699,000$1,218,878
07801Dover, NJ 078014.6 mi24$12,156,552$494,450$506,523
07857Netcong, NJ 078575.4 mi2$1,164,000$582,000$582,000
07834Denville, NJ 078345.9 mi41$33,673,300$702,000$821,300
07878Mount Tabor, NJ 078786.4 mi6$2,608,500$434,750$434,750
07874Stanhope, NJ 078746.7 mi27$11,450,835$420,000$424,105
07866Rockaway, NJ 078667.9 mi46$25,174,190$532,450$547,265
07930Chester, NJ 079308.0 mi14$17,156,888$1,125,000$1,225,492
07960Morristown, NJ 079608.4 mi58$75,179,194$899,999$1,296,193
07821Andover, NJ 078219.8 mi21$22,376,907$743,950$1,065,567

Frequently Asked Questions

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

As of January 2026, there are 6 active listings in MINE HILL, NJ (zip code 07803), compared to 6 the prior year.

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

The median listing price in MINE HILL, NJ 07803 is $279,950 as of January 2026, a 35% decrease from $430,500 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 50 days on the market before going under contract, compared to 57 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 January 2026, MINE HILL, NJ 07803 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 50 days on market compared to 57 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 $5,599 compared to a typical 5% commission on the median listing price of $279,950. 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.