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WHIPPANY, NJ 07981

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

Market Overview

Active Listings
9
vs 9 last year
Pending
4
44% pending ratio
Median Price
$817,000
⇧ 20.7% vs $676,750 last year
Average Price
$875,667
⇧ 21.8% vs $718,756 last year
Days on Market
9
⇩ 79.1% vs 43 days last year

Market Context

Population: 8,938  ·  Density: 572.5/mi²  ·  Median household income: $144,573

Typical home value: $603,940  ·  Homeownership: 89.2%

Market Analysis

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

The WHIPPANY, NJ real estate market (07981) currently shows 9 active listings, with 4 pending sales. Homes are averaging 9 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 9 days on market compared to 43 days last year.

The median listing price has risen 20.7% year-over-year, from $676,750 to $817,000.

Whether you are buying or selling in WHIPPANY, 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
  • Days on market: 9 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $817,000 (+20.7% YoY)
  • Average: $875,667 (+21.8% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.1 miles — 299 listings ($462,623,600 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07981Whippany, NJ 079810.0 mi9$7,881,003$817,000$875,667
07054Parsippany, NJ 070542.4 mi23$18,420,148$725,000$800,876
07932Florham Park, NJ 079323.5 mi20$35,165,460$1,300,000$1,758,273
07034Lake Hiawatha, NJ 070344.4 mi17$8,889,300$399,950$522,900
07878Mount Tabor, NJ 078784.5 mi6$2,608,500$434,750$434,750
07960Morristown, NJ 079604.9 mi58$75,179,194$899,999$1,296,193
07039Livingston, NJ 070395.5 mi57$112,882,800$1,899,000$1,980,400
07068Roseland, NJ 070685.8 mi11$11,255,442$835,000$1,023,222
07045Montville, NJ 070456.4 mi14$14,703,150$838,500$1,050,225
07005Boonton, NJ 070057.2 mi29$30,189,000$849,000$1,041,000
07004Fairfield, NJ 070047.3 mi10$8,396,700$779,000$839,670
07078Short Hills, NJ 070787.4 mi26$102,261,718$3,988,000$3,933,143
07901Summit, NJ 079018.1 mi19$34,791,185$1,300,000$1,831,115

Frequently Asked Questions

How many homes are for sale in WHIPPANY, NJ 07981?

As of January 2026, there are 9 active listings in WHIPPANY, NJ (zip code 07981), compared to 9 the prior year.

What is the median home price in WHIPPANY, NJ 07981?

The median listing price in WHIPPANY, NJ 07981 is $817,000 as of January 2026, a 20.7% increase from $676,750 the prior year.

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

Homes in WHIPPANY, NJ 07981 spend an average of 9 days on the market before going under contract, compared to 43 days the prior year.

Is it a seller's or buyer's market in WHIPPANY, NJ 07981?

Based on current inventory and days-on-market data as of January 2026, WHIPPANY, NJ 07981 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 9 days on market compared to 43 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WHIPPANY, NJ 07981 save an estimated $16,340 compared to a typical 5% commission on the median listing price of $817,000. 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.