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Median sale price
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ZIP 07950 in Morris Plains, NJ: housing market trends

The median home sale price in ZIP 07950 in Morris Plains, NJ was $714,790 for the three-month period ending September 2026. Sale prices were 3.4% lower 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
$714,790
three-month period ending September 2026
Median sale price per sq ft
$373.82
three-month period ending September 2026
Active listings
114
three-month period ending September 2026
Typical monthly rent
$3,490
Rent index · August 2026

How is housing inventory changing?

There were 114 active listings for the three-month period ending September 2026. Active listings were 11.8% higher 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 25 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 ZIP 07950 in Morris Plains, NJ
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$714,790$373.8268
Single-familySeptember 2026$717,319$373.8265
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Condos / co-opsSeptember 2026$267,492$414.823 · small sample
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 ZIP 07950 in Morris Plains, NJ
MarketMedian sale priceReporting period / source
Morris Plains, NJ$750,6433 months ending September 2026 · Redfin
Cedar Knolls, NJ$824,6073 months ending September 2026 · Redfin
Denville, NJ$700,000Month ending July 2026 · Zillow
Morristown, NJ$737,1493 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

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 ZIP 07950 in Morris Plains, NJ
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$714,790$373.82114
August 2026$717,500$396.41117
July 2026$755,611$413.21117
June 2026$755,611$409.51109
May 2026$685,000$391.5594
April 2026$635,000$372.7079
March 2026$640,001$372.2261
February 2026$735,000$355.0754
January 2026$715,000$351.8368
December 2025$707,500$354.5589
November 2025$715,000$365.8598
October 2025$732,500$378.39102
September 2025$740,000$369.93102
August 2025$710,003$377.4194
July 2025$733,500$357.55104
June 2025$725,000$370.02105
May 2025$720,000$350.7992
April 2025$697,500$362.7185
March 2025$720,000$349.8866
February 2025$620,000$360.7764
January 2025$647,900$357.2671
December 2024$697,500$375.0570
November 2024$727,500$356.2384
October 2024$721,008$356.2391

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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