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CEDAR KNOLLS, NJ 07927

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

Market Analysis

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

The CEDAR KNOLLS, NJ real estate market (07927) currently shows 9 active listings, with 4 pending sales. Homes are averaging 19 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 19 days on market compared to 20 days last year.

The median listing price has fallen 20.1% year-over-year, from $777,500 to $621,250.

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Market Context

Market Context

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

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

Market Overview

Active Listings
9
⇧ 28.6% vs 7 last year
Pending
4
44% pending ratio
Median Price
$621,250
⇩ 20.1% vs $777,500 last year
Average Price
$650,857
⇩ 16.8% vs $782,250 last year
Days on Market
19
⇩ 5% vs 20 days last year

Price Per Square Foot

Median $/sqft
$322
⇩ 9.8% vs $357/sqft last year
Median Home Size
1,950 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 9 this year vs 7 last year
  • Days on market: 19 now vs 20 last year

Median & Average Pricing

Year over Year
  • Median: $621,250 (-20.1% YoY)
  • Average: $650,857 (-16.8% 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
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 8.7 miles — 248 listings ($284,100,969 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07927Cedar Knolls, NJ 079270.0 mi5$3,792,500$758,500$758,500
07950Morris Plains, NJ 079502.3 mi33$18,920,814$618,700$573,358
07054Parsippany, NJ 070543.6 mi25$19,118,850$717,750$764,754
07932Florham Park, NJ 079324.4 mi16$28,143,552$1,873,500$1,758,972
07936East Hanover, NJ 079364.8 mi19$17,915,917$925,000$942,943
07834Denville, NJ 078344.9 mi41$26,674,600$481,975$650,600
07935Green Village, NJ 079355.8 mi1$2,300,000$2,300,000$2,300,000
07058Pine Brook, NJ 070586.7 mi6$6,210,498$1,056,250$1,035,083
07928Chatham, NJ 079286.9 mi39$84,926,205$1,916,000$2,177,595
07045Montville, NJ 070457.5 mi13$12,653,550$724,450$973,350
07068Roseland, NJ 070687.6 mi17$17,057,800$844,500$1,003,400
07803Mine Hill, NJ 078038.6 mi5$1,353,835$297,450$270,767
07901Summit, NJ 079018.7 mi28$45,032,848$1,431,250$1,608,316

Frequently Asked Questions

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

As of September 2026, there are 9 active listings in CEDAR KNOLLS, NJ (zip code 07927), compared to 7 the prior year.

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

The median listing price in CEDAR KNOLLS, NJ 07927 is $621,250 as of September 2026, a 20.1% decrease from $777,500 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 19 days on the market before going under contract, compared to 20 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 September 2026, CEDAR KNOLLS, NJ 07927 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 19 days on market compared to 20 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 $12,425 compared to a typical 5% commission on the median listing price of $621,250. 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.