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CEDAR KNOLLS, NJ 07927

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

Market Overview

Active Listings
5
⇧ 25% vs 4 last year
Pending
3
60% pending ratio
Median Price
$726,940
⇩ 29% vs $1,023,700 last year
Average Price
$726,940
⇩ 28.9% vs $1,022,733 last year
Days on Market
43
⇩ 55.7% vs 97 days last year

Market Context

Population: 4,181  ·  Density: 753.0/mi²  ·  Median household income: $138,304

Typical home value: $592,048  ·  Homeownership: 59.4%

Market Analysis

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

The CEDAR KNOLLS, NJ real estate market (07927) currently shows 5 active listings, with 3 pending sales. Homes are averaging 43 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 43 days on market compared to 97 days last year.

The median listing price has fallen 29% year-over-year, from $1,023,700 to $726,940.

Whether you are buying or selling in CEDAR KNOLLS, 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: 5 this year vs 4 last year
  • Days on market: 43 now vs 97 last year

Median & Average Pricing

Year over Year
  • Median: $726,940 (-29% YoY)
  • Average: $726,940 (-28.9% 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 8.7 miles — 212 listings ($238,088,511 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07927Cedar Knolls, NJ 079270.0 mi5$3,634,700$726,940$726,940
07950Morris Plains, NJ 079502.3 mi31$17,190,616$615,450$554,536
07054Parsippany, NJ 070543.6 mi23$18,420,148$725,000$800,876
07932Florham Park, NJ 079324.4 mi20$35,165,460$1,300,000$1,758,273
07936East Hanover, NJ 079364.8 mi15$13,562,130$829,000$904,142
07834Denville, NJ 078344.9 mi41$33,673,300$702,000$821,300
07935Green Village, NJ 079355.8 mi1$2,550,000$2,550,000$2,550,000
07058Pine Brook, NJ 070586.7 mi4$6,366,332$1,399,900$1,591,583
07928Chatham, NJ 079286.9 mi22$45,096,348$1,895,000$2,049,834
07045Montville, NJ 070457.5 mi14$14,703,150$838,500$1,050,225
07068Roseland, NJ 070687.6 mi11$11,255,442$835,000$1,023,222
07803Mine Hill, NJ 078038.6 mi6$1,679,700$279,950$279,950
07901Summit, NJ 079018.7 mi19$34,791,185$1,300,000$1,831,115

Frequently Asked Questions

How many homes are for sale in CEDAR KNOLLS, NJ 07927?

As of January 2026, there are 5 active listings in CEDAR KNOLLS, NJ (zip code 07927), compared to 4 the prior year.

What is the median home price in CEDAR KNOLLS, NJ 07927?

The median listing price in CEDAR KNOLLS, NJ 07927 is $726,940 as of January 2026, a 29% decrease from $1,023,700 the prior year.

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

Homes in CEDAR KNOLLS, NJ 07927 spend an average of 43 days on the market before going under contract, compared to 97 days the prior year.

Is it a seller's or buyer's market in CEDAR KNOLLS, NJ 07927?

Based on current inventory and days-on-market data as of January 2026, CEDAR KNOLLS, NJ 07927 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 43 days on market compared to 97 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CEDAR KNOLLS, NJ 07927 save an estimated $14,539 compared to a typical 5% commission on the median listing price of $726,940. 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.