County market report · FIPS 34027
Morris County, NJ
New York-Newark-Jersey City, NY-NJ-PA · Population 491,087 (Census V2020 est.)
Typical value
$701,797
Sep 2026
1M
+0.1%
3M
+0.6%
12M
+3.9%
5Y
+32.4%
10Y
+59.5%
From peak
0.0%
Peak $701,797 · Sep 2026
Rank US / state
1152 / 9
by 12M change
Zillow Home Value Index
Source: Zillow Home Value Index (ZHVI), all homes, smoothed & seasonally adjusted · data through Sep 2026.
Inflection signal
Price-OnlyNo active signal this month.
Inventory, sales & days on market — Phase 2
Supply and demand confirmation is not yet available.
Yearly values (December)
| Year | ZHVI (Dec) | YoY change |
|---|---|---|
| 2025 | $683,142 | +2.8% |
| 2024 | $664,600 | +7.5% |
| 2023 | $618,174 | +9.1% |
| 2022 | $566,470 | +5.7% |
| 2021 | $535,896 | +9.3% |
| 2020 | $490,516 | +5.8% |
| 2019 | $463,807 | +0.4% |
| 2018 | $461,738 | +2.2% |
| 2017 | $451,934 | +2.3% |
| 2016 | $441,879 | +0.6% |
| 2015 | $439,298 | +3.3% |
| 2014 | $425,121 | +5.1% |
| 2013 | $404,405 | +4.4% |
| 2012 | $387,499 | +2.4% |
| 2011 | $378,271 | -5.0% |
| 2010 | $398,331 | -2.4% |
| 2009 | $408,306 | -3.2% |
| 2008 | $421,647 | -10.1% |
| 2007 | $469,151 | -2.9% |
| 2006 | $482,939 | +1.7% |
| 2005 | $474,667 | +11.4% |
| 2004 | $426,200 | +13.1% |
| 2003 | $376,940 | +11.6% |
| 2002 | $337,688 | +12.4% |
| 2001 | $300,324 | +9.9% |
| 2000 | $273,176 | — |