Morris County, NJ Housing Market Brief
county · NJ · as of August 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.
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?
Our model forecasts Morris County, NJ’s home prices to hold flat over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Morris County, NJ housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $773K | ▲ +7.2% |
| Median Days on Market | 20 days | 0% |
| Months of Supply | 1.6 | ▼ -11.1% |
| Homes for Sale | 884 | ▲ +6.1% |
| Homes Sold | 588 | ▲ +25.1% |
| Median Price / Sq Ft | $381 | ▲ +5.9% |
How has Morris County, NJ’s Alpha Score moved?
Markets like Morris County, NJ
Frequently asked questions
Is Morris County, NJ a buyer's or seller's market?
As of August 2026, Morris County, NJ is classified as a Balanced Market, based on its Alpha Score of 50 out of 100. The classification reflects current price, inventory, 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 $773K, having risen 7.2% over the past year.
How affordable is Morris County, NJ?
Morris County, NJ scores 18 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 Price Momentum (82/100) and its weakest is Rental Yield (16/100). 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.