07950 Real Estate Market

07950 Market

The median sale price for homes in 07950 over the last 12 months is $388,000.


The median mortgage debt is $318,210.

Additional Statistics for Single Family Homes and Condos in Morris Plains, NJ
$417,530
Median Listing Price
50
Median Days on Market
126
Active Listings
Not Available
Distressed Listings
(foreclosures and short sales)
07950 (Morris Plains, NJ) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Morris Plains is $499,400. The list prices increased by 3.51% from the previous month.

The price per square foot for listings in this area is $202.

The median sale price in December for single family homes is $449,900. The sale prices increased by 3.42% from the previous month.

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07950 (Morris Plains, NJ) Market Inventory Trends

The number of active listings in Morris Plains increased by 30.3% from the previous month.

The median number of days active properties have been listed is 44. This is significantly shorter than the national average.

The number of sales in December dropped by 18.2% from the previous month.

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07950 (Morris Plains, NJ) Property Ownership

The percent of unoccupied properties is very low in Morris Plains. It is -9.78% below the national average.

The percent of owner occupied properties in Morris Plains is 12.26% above the national average.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.