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Wickham Woods

CHATHAM, NJ 07928

Real Estate Market Report  ·  Morris County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The CHATHAM, NJ real estate market (07928) currently shows 57 active listings, with 24 pending sales. Homes are averaging 21 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 21 days on market compared to 11 days last year.

The median listing price has fallen 1.6% year-over-year, from $1,422,000 to $1,399,000.

Whether you are buying or selling in CHATHAM, 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 Context

Market Context

Population: 19,559  ·  Density: 815.4/mi²  ·  Median household income: $223,547

Typical home value: $988,684  ·  Homeownership: 83.5%

Market Overview

Active Listings
57
⇧ 14% vs 50 last year
Pending
24
42% pending ratio
Median Price
$1,399,000
⇩ 1.6% vs $1,422,000 last year
Average Price
$1,595,273
⇩ 9.9% vs $1,769,747 last year
Days on Market
21
⇧ 90.9% vs 11 days last year

Price Per Square Foot

Median $/sqft
$490
⇧ 4.7% vs $468/sqft last year
Median Home Size
4,803 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 57 this year vs 50 last year
  • Days on market: 21 now vs 11 last year

Median & Average Pricing

Year over Year
  • Median: $1,399,000 (-1.6% YoY)
  • Average: $1,595,273 (-9.9% 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
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 6.9 miles — 250 listings ($404,593,056 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07928Chatham, NJ 079280.0 mi39$84,926,205$1,916,000$2,177,595
07935Green Village, NJ 079352.2 mi1$2,300,000$2,300,000$2,300,000
07901Summit, NJ 079012.6 mi28$45,032,848$1,431,250$1,608,316
07922Berkeley Heights, NJ 079223.6 mi18$21,698,298$1,152,750$1,205,461
07932Florham Park, NJ 079323.7 mi16$28,143,552$1,873,500$1,758,972
07078Short Hills, NJ 070784.6 mi32$119,679,584$3,837,500$3,739,987
07980Stirling, NJ 079805.5 mi4$3,087,800$771,950$771,950
07069Watchung, NJ 070695.9 mi10$16,962,810$1,671,175$1,696,281
07023Fanwood, NJ 070236.0 mi15$11,782,410$738,700$785,494
07946Millington, NJ 079466.1 mi3$2,173,500$724,500$724,500
07062Plainfield, NJ 070626.5 mi30$14,979,600$489,300$499,320
07076Scotch Plains, NJ 070766.8 mi49$50,033,949$980,356$1,021,101
07927Cedar Knolls, NJ 079276.9 mi5$3,792,500$758,500$758,500

Frequently Asked Questions

How many homes are for sale in CHATHAM, NJ 07928?

As of March 2026, there are 57 active listings in CHATHAM, NJ (zip code 07928), compared to 50 the prior year.

What is the median home price in CHATHAM, NJ 07928?

The median listing price in CHATHAM, NJ 07928 is $1,399,000 as of March 2026, a 1.6% decrease from $1,422,000 the prior year.

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

Homes in CHATHAM, NJ 07928 spend an average of 21 days on the market before going under contract, compared to 11 days the prior year.

Is it a seller's or buyer's market in CHATHAM, NJ 07928?

Based on current inventory and days-on-market data as of March 2026, CHATHAM, NJ 07928 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 21 days on market compared to 11 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CHATHAM, NJ 07928 save an estimated $27,980 compared to a typical 5% commission on the median listing price of $1,399,000. 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.