Unshakable ZIP Data 07950 | Morris Plains, NJ Housing Market
Morris Plains · Morris County · New York-Newark-Jersey City, NY-NJ-PA metro · New Jersey · Data updated June 19, 2026
The median sale price in ZIP 07950, Morris Plains, New Jersey is $684,797 at $392 per square foot. 49 single-family homes sold in the latest period, up 9.8 percent from a year earlier. Homes sit a median of 15 days on market with 1.9 months of supply. Sellers are getting 105.5 percent of list price and 75.0 percent of homes sold above asking.
Seller's market. No room for sloppy offers.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $763,596 | |
| Average price per sq ft | $437 | |
| Median sale price | $684,797 | |
| Median sale price per sq ft | $392 | |
| Median home size | 1,749 sq ft | |
| Median new listing price | $684,152 | -2.1% |
| National size rank | 5,795 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 49 | +9.8% |
| Median days on market | 15 days | |
| Months of supply | 1.9 months | |
| New listings | 82 | +8.2% |
| Active listings | 96 | +4.6% |
| Pending sales | 62 | +3.0% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 105.5% | +0.4 pts |
| Share sold above list | 75.0% | -0.5 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
These figures describe the single-family market for Morris Plains, New Jersey ZIP 07950. They are market context, not a substitute for sold comps or a formal appraisal.