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WHARTON, NJ 07885

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

Market Overview

Active Listings
24
⇧ 33.3% vs 18 last year
Pending
10
42% pending ratio
Median Price
$399,000
⇧ 1.7% vs $392,475 last year
Average Price
$403,808
⇩ 4.8% vs $424,141 last year
Days on Market
29
⇩ 49.1% vs 57 days last year

Market Context

Population: 11,673  ·  Density: 306.9/mi²  ·  Median household income: $102,578

Typical home value: $324,280  ·  Homeownership: 64.5%

Market Analysis

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

The WHARTON, NJ real estate market (07885) currently shows 24 active listings, with 10 pending sales. Homes are averaging 29 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 29 days on market compared to 57 days last year.

The median listing price has risen 1.7% year-over-year, from $392,475 to $399,000.

Whether you are buying or selling in WHARTON, 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: 24 this year vs 18 last year
  • Days on market: 29 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $399,000 (+1.7% YoY)
  • Average: $403,808 (-4.8% 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 10.0 miles — 276 listings ($177,925,512 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07885Wharton, NJ 078850.0 mi24$9,691,392$399,000$403,808
07856Mount Arlington, NJ 078563.1 mi16$15,153,264$499,999$947,079
07803Mine Hill, NJ 078033.9 mi6$1,679,700$279,950$279,950
07843Hopatcong, NJ 078434.3 mi35$18,907,490$399,000$540,214
07866Rockaway, NJ 078664.9 mi46$25,174,190$532,450$547,265
07852Ledgewood, NJ 078525.7 mi5$2,040,000$422,500$408,000
07878Mount Tabor, NJ 078786.6 mi6$2,608,500$434,750$434,750
07857Netcong, NJ 078576.9 mi2$1,164,000$582,000$582,000
07438Oak Ridge, NJ 074387.3 mi19$9,601,973$544,900$505,367
07950Morris Plains, NJ 079507.7 mi31$17,190,616$615,450$554,536
07871Sparta, NJ 078718.4 mi60$48,702,780$598,940$811,713
07821Andover, NJ 078219.2 mi21$22,376,907$743,950$1,065,567
07927Cedar Knolls, NJ 0792710.0 mi5$3,634,700$726,940$726,940

Frequently Asked Questions

How many homes are for sale in WHARTON, NJ 07885?

As of January 2026, there are 24 active listings in WHARTON, NJ (zip code 07885), compared to 18 the prior year.

What is the median home price in WHARTON, NJ 07885?

The median listing price in WHARTON, NJ 07885 is $399,000 as of January 2026, a 1.7% increase from $392,475 the prior year.

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

Homes in WHARTON, NJ 07885 spend an average of 29 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 WHARTON, NJ 07885?

Based on current inventory and days-on-market data as of January 2026, WHARTON, NJ 07885 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 29 days on market compared to 57 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WHARTON, NJ 07885 save an estimated $7,980 compared to a typical 5% commission on the median listing price of $399,000. 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.