46Alpha

Morris County, NJ Housing Market Brief

county · NJ · as of May 2026

Balanced

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.

Price Momentum20%
+2.480
Inventory Health25%
-3.148
Affordability20%
13
Economic Strength20%
+1.460
Rental Yield15%
21

Where is Morris County, NJ in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Morris County, NJ is classified as Decliningcooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Morris County, NJ housing market data

MetricValueYoY
Median Sale Price$750K▲ +10.3%
Median Days on Market16 days-11.1%
Months of Supply2.0-4.8%
Homes for Sale810-4.8%
Homes Sold4080%
Median Price / Sq Ft$383▲ +2.3%
Sale-to-List Ratio105.8%0%

How has Morris County, NJ’s Alpha Score moved?

Now: 46
3-period trend
Median sale price · 12 mo

Markets like Morris County, NJ

Frequently asked questions

Is Morris County, NJ a buyer's or seller's market?

As of May 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, 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 $750K, having risen 10.3% over the past year.

How affordable is Morris County, NJ?

Morris County, NJ scores 13 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 (80/100) and its weakest is Affordability (13/100). 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.