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KENVIL, NJ 07847

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

Market Overview

Active Listings
6
⇧ 100% vs 3 last year
Pending
4
67% pending ratio
Median Price
$612,475
⇧ 57.9% vs $388,000 last year
Average Price
$612,475
⇧ 47.9% vs $414,150 last year
Days on Market
18
⇩ 76.3% vs 76 days last year

Market Context

Population: 1,685  ·  Density: 268.7/mi²  ·  Median household income: $77,519

Typical home value: $323,287  ·  Homeownership: 81.7%

Market Analysis

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

The KENVIL, NJ real estate market (07847) currently shows 6 active listings, with 4 pending sales. Homes are averaging 18 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 18 days on market compared to 76 days last year.

The median listing price has risen 57.9% year-over-year, from $388,000 to $612,475.

Whether you are buying or selling in KENVIL, 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
  • Listings: 6 this year vs 3 last year
  • Days on market: 18 now vs 76 last year

Median & Average Pricing

Year over Year
  • Median: $612,475 (+57.9% YoY)
  • Average: $612,475 (+47.9% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.9 miles — 181 listings ($178,054,546 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07847Kenvil, NJ 078470.0 mi6$3,674,850$612,475$612,475
07852Ledgewood, NJ 078522.2 mi5$2,040,000$422,500$408,000
07850Landing, NJ 078502.5 mi11$13,407,658$699,000$1,218,878
07869Randolph, NJ 078693.6 mi29$27,287,028$782,515$940,932
07857Netcong, NJ 078574.1 mi2$1,164,000$582,000$582,000
07836Flanders, NJ 078364.8 mi17$12,806,100$649,999$753,300
07874Stanhope, NJ 078745.4 mi27$11,450,835$420,000$424,105
07828Budd Lake, NJ 078286.7 mi19$10,912,327$574,990$574,333
07945Mendham, NJ 079457.4 mi21$45,347,253$1,449,500$2,159,393
07930Chester, NJ 079307.9 mi14$17,156,888$1,125,000$1,225,492
07821Andover, NJ 078218.5 mi21$22,376,907$743,950$1,065,567
07046Mountain Lakes, NJ 070469.6 mi4$6,796,000$798,000$1,699,000
07927Cedar Knolls, NJ 079279.9 mi5$3,634,700$726,940$726,940

Frequently Asked Questions

How many homes are for sale in KENVIL, NJ 07847?

As of January 2026, there are 6 active listings in KENVIL, NJ (zip code 07847), compared to 3 the prior year.

What is the median home price in KENVIL, NJ 07847?

The median listing price in KENVIL, NJ 07847 is $612,475 as of January 2026, a 57.9% increase from $388,000 the prior year.

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

Homes in KENVIL, NJ 07847 spend an average of 18 days on the market before going under contract, compared to 76 days the prior year.

Is it a seller's or buyer's market in KENVIL, NJ 07847?

Based on current inventory and days-on-market data as of January 2026, KENVIL, NJ 07847 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 18 days on market compared to 76 days last year.

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

With SELL123.com's maximum 3% commission, sellers in KENVIL, NJ 07847 save an estimated $12,250 compared to a typical 5% commission on the median listing price of $612,475. 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.