Photo: Jared Kofsky · CC BY-SA 3.0127 homes sold in Morristown in the last year, at a typical $752K
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 Morristown homes are listed.
Every place Morristown 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 Morristown.
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 88% of Morristown’s sales, at a typical $696K (year to May 2026)
127 homes sold in the year to September 2026.
typical sale · 107 sold in the year to May 2026
- Per square foot
- $444NJ $331
- Days to sell
- 20
- Sold over asking
- 66%
- Listings with a price cut
- 15%
Multi-family (2–4 units): 9 sold, typical $830K
Townhouses: 1 sold, typical $690K
Condos: 4 sold, typical $626K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.8 times the 2016 price
127 sales in the last year, against 259 in 2021 and a low of 140 in 2025. The typical sale went from $426K in 2016 to $752K.
Source: Redfin Data Center, MLS sales; from June 2026 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. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $750K buys in Morristown
Check a listing against what Morristown 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 Morristown are more common than before the pandemic, but two thirds fewer homes come up for sale
We read every month of Morristown’s home sales 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 September 2026, 127 sales.
If you’re buying in Morristown
- Shop in September. It brings about 23 new listings a month, close to the busiest month, with fewer bidding wars (25% over asking).
- Expect to bid over asking. Buyers paid 103.7% of the list price on average; 65% paid over.
- You’ll usually have time. Only 34% of homes go under contract within two weeks; the typical one takes 25 days.
Spring brings both the most homes and the most bidding wars
April has the most new listings (about 26 a month), and the most competition: 43% close over asking. September offers nearly as much choice with fewer homes bid up (25%). September has the least competition (25%).
Averages for each calendar month, 2015 on.
Hotter than in 2021, and hotter than New Jersey
| Morristown now | 2017–19 | 2021 peak | NJ now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 65% | 22% | 41% | 44% |
| Gone within two weeksShare of homes under contract within 14 days | 34% | 1% | 2% | 30% |
| Price paid vs. askingAverage sale price ÷ list price | 103.7% | 98.4% | 100.5% | 100.9% |
| Days to sellMedian days from listing to contract | 25 | 82 | 76 | 46 |
26 homes for sale on a typical day
That’s 1.6 times the 2025 low (16), 64% fewer than in 2017–19 and well under 2020’s 89.
Since 2019, houses are up 52%, condos 24%
A house typically sold for $696K in the year to May 2026 (107 sales), a condo for $626K (4).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Morristown ranks 49th of 300 busy New Jersey markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Morristown is one of the state’s hottest markets.
Source: Redfin Data Center, city figures, January 2016 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Five things worth knowing
New listings in April
The month with the most choice. December has the fewest, about 10.
Best time to buySchools
The schools grade for Morristown, from test results, graduation and how much students grow.
Schools in MorristownTypical commute
The average one-way trip to work for people who live in Morristown.
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, Whippany, Madison and Mount Tabor sell for less a square foot
The busier markets within 25 miles of Morristown, 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 | |
|---|---|---|---|---|---|
| Madison | 261 | $1M | $455 | 62% | 27 |
| Morristown | 127 | $752K | $472 | 65% | 25 |
| Florham Park | 112 | $1.1M | $501 | 58% | 24 |
| Morris Plains | 102 | $729K | $406 | 61% | 24 |
| Whippany | 86 | $731K | $417 | 64% | 22 |
| Cedar Knolls | 35 | $714K | $391 | 76% | 21 |
| Mount Tabor | 20 | $562K | $381 | 88% | 17 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Morristown, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Morristown. People who follow the town see it, and so do people comparing Morristown with their own town. No commission, no listing fee.
Questions about buying a home in Morristown
What do homes sell for in Morristown, NJ?
127 homes sold in the year to September 2026 at a typical $752K, $472 a square foot.
Is Morristown a buyer’s or seller’s market?
A seller’s market: 38 homes were for sale in September 2026 and 16 sold, about 2.4 months of supply. Buyers paid 103.7% of asking on average.
When is the best time to buy in Morristown?
April brings the most new listings. The sales history shows which months have fewer bidding wars.
Where can I see homes for sale in Morristown?
Zillow, Redfin, Realtor.com and Homes.com all carry Morristown’s MLS listings; the search links above open each one filtered to Morristown.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 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).