Morris County, NJ Housing Market Brief
county · NJ · score computed October 2026
What is Morris County, NJ’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Population band 5 of 5 (population 103,008–9,808,667) · comparable within its band
Where is Morris County, NJ in its market cycle?
Morris County, NJ is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Morris County, NJ?
County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Morris County, NJ housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $673K | ▲ +2% | Redfin |
| Median Days on Market | 27 days | ▲ +12.5% | Redfin |
| Months of Supply | 2.5 | ▲ +31.6% | Redfin |
| Homes for Sale | 1,009 | ▲ +18.9% | Redfin |
| Homes Sold | 407 | ▼ -7.3% | Redfin |
| Median Price / Sq Ft | $364 | ▲ +4.2% | Redfin |
How has Morris County, NJ’s Alpha Score moved?
Markets like Morris County, NJ
- Waukesha County, WI, WIcounty47
- Hunterdon County, NJ, NJcounty46
- Monmouth County, NJ, NJcounty45
- Union County, NJ, NJcounty43
- Bergen County, NJ, NJcounty48
- Somerset County, NJ, NJcounty45
- Merrimack County, NH, NHcounty45
- Washington County, WI, WIcounty45
- Umatilla County, OR, ORcounty43
- Walworth County, WI, WIcounty50
Frequently asked questions
Is Morris County, NJ a buyer's or seller's market?
In the scores computed October 2026, Morris County, NJ is classified as a Balanced Market, based on its Alpha Score of 46 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Morris County, NJ?
The median sale price in Morris County, NJ is $673K, having risen 2% over the past year, according to Redfin.
How affordable is Morris County, NJ?
Morris County, NJ scores 15 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving Morris County, NJ's Alpha Score?
Morris County, NJ's strongest dimension is Economic Strength (78/100) and its weakest is Rental Yield (12/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Morris County, NJ? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.