Market report, updated

Morris Plains Boroug Home Values and Market Report

Search in the city of Morris Plains Boroug

Create your own market report
Rjc.realestate
Report prepared by Rjc.realestate RJC & Associates LLC
RJC & Associates LLC logo

Market at a glance

Over the last 12 months, homes sold for 98.3% of list price in 44 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $989K Sold · $989K
$1.01M$760K$510K$260K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 1 sale in Nov. Last month: 0.

Where the market stands

All homes in this report, by status.

6homes
Active1 · 17%
Under contract2 · 33%
Sold (12 mo)3 · 50%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

6.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$575K
Under contract$472K
Sold$684K

Average days on market

Active24 days
Under contract37 days
Sold44 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 1
Average list price $574,999
Avg. days on market 24 days
Avg. price per ft² $312
Avg. living area 1,840 ft²
Avg. beds / baths 2.0 / 3.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$600K$400K$200K$0

Price vs. living area: 1 home plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 1 home in this status.

1 Yacena R Unit D$312

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1 Yacena R Unit DMorris Plains Boroug, NJ 07950 231,840$574,999$31224 days
Rjc.realestate

Questions about this market?

RJC & Associates LLC logo

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Rjc.realestate RJC & Associates LLC

Next steps

How much is your home worth?

...get instant property value now!

Free and instant. We can follow up with a detailed valuation.

board logoThe data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RJC & Associates LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: .
Source: New Jersey Multiple Listing Service, Inc.
“2026 New Jersey Multiple Listing Service, Inc. All rights reserved.”