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ZIP 07960 in Morristown, NJ: housing market trends

The median home sale price in ZIP 07960 in Morristown, NJ was $927,228 for the three-month period ending September 2026. Sale prices were 11.0% 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
$927,228
three-month period ending September 2026
Median sale price per sq ft
$469.31
three-month period ending September 2026
Active listings
205
three-month period ending September 2026
Typical monthly rent
$3,009
Rent index · August 2026

How is housing inventory changing?

There were 205 active listings for the three-month period ending September 2026. Active listings were 25.8% 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 21 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 07960 in Morristown, NJ
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$927,228$469.31131
Single-familySeptember 2026$941,762$481.70120
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Condos / co-opsSeptember 2026$404,988$479.023 · small sample
Multifamily (2–4 units)September 2026$830,000$446.637 · small sample

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 07960 in Morristown, NJ
MarketMedian sale priceReporting period / source
Morristown, NJ$737,1493 months ending September 2026 · Redfin
Cedar Knolls, NJ$824,6073 months ending September 2026 · Redfin
Morris Plains, NJ$750,6433 months ending September 2026 · Redfin
Madison, NJ$1,021,5143 months ending September 2026 · Redfin
Mendham, NJ$1,049,5003 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 07960 in Morristown, NJ
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$927,228$469.31205
August 2026$927,500$475.83209
July 2026$965,000$466.40218
June 2026$960,000$452.43226
May 2026$982,000$445.13216
April 2026$833,000$431.90174
March 2026$850,000$407.30133
February 2026$874,500$428.90103
January 2026$855,000$435.90116
December 2025$830,000$439.32132
November 2025$857,500$413.96147
October 2025$862,500$420.76155
September 2025$835,000$429.68163
August 2025$813,000$427.15157
July 2025$818,500$425.37188
June 2025$820,000$431.44194
May 2025$857,500$430.19182
April 2025$863,000$416.10179
March 2025$760,000$418.25147
February 2025$742,500$406.61131
January 2025$780,000$407.68131
December 2024$810,000$409.09149
November 2024$835,000$409.09154
October 2024$830,000$408.78174

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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