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FLORHAM PARK, NJ 07932

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

Market Overview

Active Listings
20
⇧ 25% vs 16 last year
Pending
10
50% pending ratio
Median Price
$1,300,000
⇩ 32.9% vs $1,936,500 last year
Average Price
$1,758,273
⇧ 4.4% vs $1,684,900 last year
Days on Market
42
⇩ 10.6% vs 47 days last year

Market Context

Population: 10,941  ·  Density: 627.3/mi²  ·  Median household income: $140,602

Typical home value: $702,349  ·  Homeownership: 69.1%

Market Analysis

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

The FLORHAM PARK, NJ real estate market (07932) currently shows 20 active listings, with 10 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 42 days on market compared to 47 days last year.

The median listing price has fallen 32.9% year-over-year, from $1,936,500 to $1,300,000.

Whether you are buying or selling in FLORHAM PARK, 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: 20 this year vs 16 last year
  • Days on market: 42 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $1,300,000 (-32.9% YoY)
  • Average: $1,758,273 (+4.4% 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 7.1 miles — 227 listings ($298,911,254 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07932Florham Park, NJ 079320.0 mi20$35,165,460$1,300,000$1,758,273
07936East Hanover, NJ 079363.3 mi15$13,562,130$829,000$904,142
07981Whippany, NJ 079813.5 mi9$7,881,003$817,000$875,667
07078Short Hills, NJ 070784.2 mi26$102,261,718$3,988,000$3,933,143
07927Cedar Knolls, NJ 079274.4 mi5$3,634,700$726,940$726,940
07068Roseland, NJ 070685.3 mi11$11,255,442$835,000$1,023,222
07974New Providence, NJ 079745.5 mi12$16,739,700$1,550,000$1,394,975
07976New Vernon, NJ 079765.6 mi2$14,976,000$7,488,000$7,488,000
07081Springfield, NJ 070816.4 mi26$15,034,578$599,000$578,253
07058Pine Brook, NJ 070586.7 mi4$6,366,332$1,399,900$1,591,583
07052West Orange, NJ 070526.8 mi81$62,146,035$639,000$767,235
07088Vauxhall, NJ 070887.0 mi7$3,300,381$422,500$471,483
07933Gillette, NJ 079337.1 mi9$6,587,775$599,900$731,975

Frequently Asked Questions

How many homes are for sale in FLORHAM PARK, NJ 07932?

As of January 2026, there are 20 active listings in FLORHAM PARK, NJ (zip code 07932), compared to 16 the prior year.

What is the median home price in FLORHAM PARK, NJ 07932?

The median listing price in FLORHAM PARK, NJ 07932 is $1,300,000 as of January 2026, a 32.9% decrease from $1,936,500 the prior year.

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

Homes in FLORHAM PARK, NJ 07932 spend an average of 42 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in FLORHAM PARK, NJ 07932?

Based on current inventory and days-on-market data as of January 2026, FLORHAM PARK, NJ 07932 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 42 days on market compared to 47 days last year.

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

With SELL123.com's maximum 3% commission, sellers in FLORHAM PARK, NJ 07932 save an estimated $26,000 compared to a typical 5% commission on the median listing price of $1,300,000. 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.