$3,650
- 1 bd
- 1 ba
- 1,000 sqft
7 Evans Farm Rd
Specific data for this location is not currently available. The data shown is for the surrounding area.
Morristown, NJ Housing Market
$906,303
6.5% 1-yrThe average Morristown, NJ home value is $906,303, up 6.5% over the past year, and homes go to pending in around 18 days. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Morristown Key Takeaways
Typical Home Values: $906,303
1-Year Value Change: +6.5%
(Data through September 30, 2026)
Morristown Housing Market Overview
1-Year Market Forecast: --
For Sale Inventory: 86 ()
New Listings: 37 ()
Median Sale to List Ratio: 1.054 ()
Median Sale Price: $935,500 ()
Median List Price: $857,500 ()
Percent of Sales Over List Price: 74.9% ()
Percent of Sales Under List Price: 17.7% ()
Median Days to Pending: 18 ()
(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
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Morristown Rental Market Trends
Average Rent: $3,119 ()
National Average Rent: $1,932 ()
Month-Over-Month Change: -0.2% ()
Year-Over-Year Change: 1.6% ()
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Morristown, NJ?
The median home value in Morristown, NJ is $906,303 as of September 2026. This represents a 0.2% increase compared to last month and a 6.5% increase year-over-year.
How have home values changed in Morristown, NJ?
Home values in Morristown, NJ have increased by 0.2% month-over-month and 6.5% year-over-year.
How do home values in Morristown, NJ compare to Morris County, New Jersey, and the national average?
The median home value in Morristown, NJ ($906,303) compares to: Morris County ($701,797), New Jersey ($575,123), and the U.S. national median ($366,157).
