Photo: Jerrye & Roy Klotz, MD · CC BY-SA 3.0384 homes sold in Morris Township in the last year, at a typical $851K
Redfin reports Morris Township’s sales by ZIP code, so these figures are for ZIP 07960, which takes in Morris Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Morris Township homes are listed.
Every place Morris Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Morris Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 95% of Morris Township’s sales, at a typical $864K
384 homes sold in the year to May 2026.
typical sale · 365 sold in 12 months
- Per square foot
- $432NJ $331
- Days to sell
- 19
- Sold over asking
- 64%
Condos: 7 sold, typical $651K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.6 times the 2016 price
384 sales in the last year, against 727 in 2021 and a low of 404 in 2025. The typical sale went from $547K in 2016 to $851K.
Source: Redfin Data Center, MLS sales; for ZIP 07960, which takes in Morris Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.
What $850K buys in Morris Township
Check a listing against what Morris Township homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Morris Township are more common than before the pandemic, but 79% fewer homes come up for sale
We read every month of home sales in ZIP 07960 since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 384 sales.
If you’re buying in Morris Township
- Shop in April. It brings about 63 new listings a month, close to the busiest month, with fewer bidding wars (32% over asking).
- Expect to bid over asking. Buyers paid 105% of the list price on average; 63% paid over.
- You’ll usually have time. Only 37% of homes go under contract within two weeks; the typical one takes 19 days.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 71 a month), and the most competition: 41% close over asking. April and May offer nearly as much choice with fewer homes bid up (32%). March has the least competition (29%).
Averages for each calendar month, 2015 on.
Hotter than in 2021, and hotter than New Jersey
| Morris Township now | 2017–19 | 2021 peak | NJ now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 63% | 19% | 41% | 48% |
| Gone within two weeksShare of homes under contract within 14 days | 37% | 1% | 2% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 17% |
| Price paid vs. askingAverage sale price ÷ list price | 105% | 97.7% | 100.2% | 101.2% |
| Days to sellMedian days from listing to contract | 19 | 91 | 75 | 45 |
50 homes for sale on a typical day
That’s 79% fewer than in 2017–19 and well under 2019’s 251.
Since 2019, houses are up 54%, condos 42%
A house typically sold for $864K in the last year (365 sales), a condo for $651K (7).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Source: Redfin Data Center, ZIP code tracker; for ZIP 07960, which takes in Morris Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Five things worth knowing
New listings in June
The month with the most choice. January has the fewest, about 33.
Best time to buySchools
The schools grade for Morris Township, from test results, graduation and how much students grow.
Schools in Morris TownshipTypical commute
The average one-way trip to work for people who live in Morris Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Cedar Knolls, Morris Plains, Brookside and Whippany sell for less a square foot
The busier markets within 25 miles of Morris Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Morris Township (ZIP 07960) | 384 | $851K | $427 | 63% | 19 |
| Madison | 255 | $957K | $427 | 62% | 31 |
| Morristown | 121 | $708K | $433 | 67% | 24 |
| Morris Plains | 112 | $730K | $408 | 58% | 26 |
| Whippany | 91 | $721K | $409 | 58% | 25 |
| Brookside | 27 | $1.4M | $405 | 44% | 34 |
| Cedar Knolls | 26 | $797K | $389 | 77% | 23 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Morris Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Morris Township. People who follow the town see it, and so do people comparing Morris Township with their own town. No commission, no listing fee.
Questions about buying a home in Morris Township
What do homes sell for in Morris Township, NJ?
384 homes sold in the year to May 2026 at a typical $851K, $427 a square foot.
Is Morris Township a buyer’s or seller’s market?
A seller’s market: 82 homes were for sale in May 2026 and 29 sold, about 2.8 months of supply. Buyers paid 105% of asking on average.
When is the best time to buy in Morris Township?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
Where can I see homes for sale in Morris Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Morris Township’s MLS listings; the search links above open each one filtered to Morris Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 07960, which takes in Morris Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).