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FLORHAM PARK, NJ 07932

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The FLORHAM PARK, NJ real estate market (07932) currently shows 16 active listings, with 8 pending sales. Homes are averaging 24 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 24 days on market compared to 15 days last year.

The median listing price has risen 26.5% year-over-year, from $1,350,000 to $1,707,250.

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 Context

Market Context

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

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

Market Overview

Active Listings
16
⇩ 11.1% vs 18 last year
Pending
8
50% pending ratio
Median Price
$1,707,250
⇧ 26.5% vs $1,350,000 last year
Average Price
$1,694,010
⇧ 16% vs $1,460,445 last year
Days on Market
24
⇧ 60% vs 15 days last year

Price Per Square Foot

Median $/sqft
$453
⇧ 23.1% vs $368/sqft last year
Median Home Size
5,154 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 16 this year vs 18 last year
  • Days on market: 24 now vs 15 last year

Median & Average Pricing

Year over Year
  • Median: $1,707,250 (+26.5% YoY)
  • Average: $1,694,010 (+16% 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 7.1 miles — 263 listings ($340,023,128 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07932Florham Park, NJ 079320.0 mi16$28,143,552$1,873,500$1,758,972
07936East Hanover, NJ 079363.3 mi19$17,915,917$925,000$942,943
07981Whippany, NJ 079813.5 mi8$7,213,920$859,000$901,740
07078Short Hills, NJ 070784.2 mi32$119,679,584$3,837,500$3,739,987
07927Cedar Knolls, NJ 079274.4 mi5$3,792,500$758,500$758,500
07068Roseland, NJ 070685.3 mi17$17,057,800$844,500$1,003,400
07974New Providence, NJ 079745.5 mi18$24,046,020$1,450,000$1,335,890
07976New Vernon, NJ 079765.6 mi3$16,466,250$5,813,250$5,488,750
07081Springfield, NJ 070816.4 mi24$13,936,152$652,200$580,673
07058Pine Brook, NJ 070586.7 mi6$6,210,498$1,056,250$1,035,083
07052West Orange, NJ 070526.8 mi103$78,403,600$634,750$761,200
07088Vauxhall, NJ 070887.0 mi7$3,209,500$424,500$458,500
07933Gillette, NJ 079337.1 mi5$3,947,835$508,750$789,567

Frequently Asked Questions

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

As of March 2026, there are 16 active listings in FLORHAM PARK, NJ (zip code 07932), compared to 18 the prior year.

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

The median listing price in FLORHAM PARK, NJ 07932 is $1,707,250 as of March 2026, a 26.5% increase from $1,350,000 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 24 days on the market before going under contract, compared to 15 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 March 2026, FLORHAM PARK, NJ 07932 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 24 days on market compared to 15 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 $34,145 compared to a typical 5% commission on the median listing price of $1,707,250. 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.