Data as of February 2026. Source: Realtor.com.
The MORRISTOWN, NJ real estate market (07960) currently shows 59 active listings, with 30 pending sales. Homes are averaging 31 days on the market before going under contract.
Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 31 days on market compared to 25 days last year.
The median listing price has fallen 10.3% year-over-year, from $899,725 to $807,450.
Whether you are buying or selling in MORRISTOWN, 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.
Population: 46,560 · Density: 519.3/mi² · Median household income: $146,024
Typical home value: $678,232 · Homeownership: 62.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 07960 | Morristown, NJ 07960 | 0.0 mi | 58 | $75,179,194 | $899,999 | $1,296,193 |
| 07935 | Green Village, NJ 07935 | 4.0 mi | 1 | $2,550,000 | $2,550,000 | $2,550,000 |
| 07950 | Morris Plains, NJ 07950 | 4.3 mi | 31 | $17,190,616 | $615,450 | $554,536 |
| 07981 | Whippany, NJ 07981 | 4.9 mi | 9 | $7,881,003 | $817,000 | $875,667 |
| 07932 | Florham Park, NJ 07932 | 5.6 mi | 20 | $35,165,460 | $1,300,000 | $1,758,273 |
| 07869 | Randolph, NJ 07869 | 6.0 mi | 29 | $27,287,028 | $782,515 | $940,932 |
| 07924 | Bernardsville, NJ 07924 | 6.2 mi | 22 | $65,224,984 | $1,870,000 | $2,964,772 |
| 07054 | Parsippany, NJ 07054 | 7.0 mi | 23 | $18,420,148 | $725,000 | $800,876 |
| 07936 | East Hanover, NJ 07936 | 7.4 mi | 15 | $13,562,130 | $829,000 | $904,142 |
| 07980 | Stirling, NJ 07980 | 7.5 mi | 3 | $2,315,850 | $771,950 | $771,950 |
| 07974 | New Providence, NJ 07974 | 7.8 mi | 12 | $16,739,700 | $1,550,000 | $1,394,975 |
| 07803 | Mine Hill, NJ 07803 | 8.4 mi | 6 | $1,679,700 | $279,950 | $279,950 |
| 07901 | Summit, NJ 07901 | 8.4 mi | 19 | $34,791,185 | $1,300,000 | $1,831,115 |
As of February 2026, there are 59 active listings in MORRISTOWN, NJ (zip code 07960), compared to 74 the prior year.
The median listing price in MORRISTOWN, NJ 07960 is $807,450 as of February 2026, a 10.3% decrease from $899,725 the prior year.
Homes in MORRISTOWN, NJ 07960 spend an average of 31 days on the market before going under contract, compared to 25 days the prior year.
Based on current inventory and days-on-market data as of February 2026, MORRISTOWN, NJ 07960 is currently a Balanced Market. Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 31 days on market compared to 25 days last year.
With SELL123.com's maximum 3% commission, sellers in MORRISTOWN, NJ 07960 save an estimated $16,149 compared to a typical 5% commission on the median listing price of $807,450. 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.