49Alpha

Morris County, NJ Housing Market Brief

county · NJ · as of July 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%
80
Inventory Health25%
49
Affordability20%
21
Economic Strength20%
63
Rental Yield15%
24

Where is Morris County, NJ in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Morris County, NJ is classified as Mature holding near a healthy peak. 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

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%

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

Now: 49
12-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 July 2026, Morris County, NJ is classified as a Balanced Market, based on its Alpha Score of 49 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 21 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 (21/100). 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.