07980 Housing Market Report February 2025•Morris County, New Jersey

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Housing Prices in 07980, NJ

How much do homes in 07980, NJ cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$585,000$229/SqFt
-$14,000
-2.3%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 07980 has decreased by 2.3% since last year.

Summary: The median home list price in 07980 was $585,000 in February 2025, down 2.3% from the previous year, and the median price per square foot was $229.

Median List Price By Zip Codes

Median List Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
07933
+11.2%
07946
+10.2%
07059
+7.3%
07980
-2.3%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1--
N/A
2-$425K
N/A
3$592K$577K
-2.5%
4$639.4K$654.4K
+2.3%
5$899K$1.0M
+18.7%

Summary: 07980 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -2.5%. The home price for 4 bedroom homes increased by +2.3%. The home price for 5 bedroom homes increased by +18.7%.

How does 07980, NJ compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

07980, NJ

Housing supply in 07980, NJ

How many homes are available in 07980, NJ?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
4Last MonthFeb 2025
42 months agoJan 2025
0.0 %
Change MoMJan – Feb

Summary: The 07980 real estate market had 4 homes for sale in Feb 2025, the same as Jan 2025

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
200
0.0%
311
0.0%
423
+50.0%
510
-100.0%

Summary: 07980 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes decreased by -100.0%.

Days on Market for 07980, NJ

How long does it take to sell a home in 07980, NJ?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
37 DaysThis YearFeb 2025
124 Days1 year agoFeb 2024
-69.6 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 07980 had an average listing age of 37 days in Feb 2025, down by 69.6% compared to the previous year.

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Newest Listings in 07980, NJ

What homes are available in 07980, NJ?

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MLS Disclaimers and Copyright

Based on information from Garden State MLS, for the period 03/01/2023 - 03/01/2025

Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 1:55:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.