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Median sale price
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Parsippany, NJ: housing market trends

The median home sale price in Parsippany, NJ was $726,654 for the three-month period ending September 2026. Sale prices were 10.1% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$726,654
three-month period ending September 2026
Median sale price per sq ft
$370.34
three-month period ending September 2026
Active listings
55
three-month period ending September 2026
Typical monthly rent
$2,833
Rent index · August 2026

How is housing inventory changing?

There were 55 active listings for the three-month period ending September 2026. Active listings were 6.8% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 34 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for Parsippany, NJ
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$726,654$370.3425
Single-familySeptember 2026$726,710$370.3625
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Condos / co-opsSeptember 2026UnavailableUnavailableUnavailable
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for Parsippany, NJ
MarketMedian sale priceReporting period / source
Lake Hiawatha, NJ$557,2353 months ending September 2026 · Redfin
Mountain Lakes, NJ$1,249,4053 months ending September 2026 · Redfin
Whippany, NJ$749,6433 months ending September 2026 · Redfin
Boonton, NJ$649,6913 months ending September 2026 · Redfin
Morris Plains, NJ$750,6433 months ending September 2026 · Redfin
Pine Brook, NJ$955,5453 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for Parsippany, NJ
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$726,654$370.3455
August 2026$785,000$377.6055
July 2026$780,000$377.6052
June 2026$675,000$376.9450
May 2026$675,000$355.0244
April 2026$655,000$365.4844
March 2026$742,000$355.0238
February 2026$720,000$379.9934
January 2026$713,500$380.8635
December 2025$685,000$380.2145
November 2025$662,500$372.2751
October 2025$673,000$351.3561
September 2025$660,000$350.1059
August 2025$695,000$371.9058
July 2025$720,000$381.2457
June 2025$720,000$372.1055
May 2025$675,000$332.8451
April 2025$655,000$337.3447
March 2025$615,000$301.8739
February 2025$620,000$358.4638
January 2025$653,000$350.0640
December 2024$663,000$358.4642
November 2024$659,500$360.8552
October 2024$659,500$370.5562

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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