Parsippany, 07054 Real-Estate Market Overview


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Average Listing Price

  • $443,782
  • for week ending Jan 27
  • +$976
  • +0.2%
  • w-o-w

Median Sales Price

  • $414,500
  • Oct '15 - Jan '16
  • $5,500
  • -1.3%
  • y-o-y

Average Listing Price $443,782 +0.2% w-o-w
Median Sales Price $414,500 -1.3% y-o-y
Average Price/sqft $222 -3.9% y-o-y
Number of Sales 24 -51.0 % y-o-y

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Most popular zip codes Avg. listing Price
Week ending Jan 27
w-o-w
07960 $767,750 -0.5%
07834 $421,296 0.0%
07928 $1,343,281 +7.4%
07866 $315,070 +0.5%
07869 $525,328 +1.3%
Movers & Shakers Avg. listing price
Week ending Jan 27
w-o-w
07976 $3,650,250 +37.9%
07440 $249,700 -20.4%
07878 $292,700 -14.7%
07082 $712,700 -11.2%
07847 $263,231 +9.5%
View Morris County Home Prices Map

Summary for Parsippany, 07054


The median sales price for homes in ZIP code 07054 in Parsippany from Oct 15 to Jan 16 was $414,500 based on 24 sales. Compared to the same period one year ago, the median sales price decreased 1.3%, or $5,500, and the number of sales decreased 51%. Average price per square foot for homes in 07054 was $222, an increase of 0.9% compared to the same period last year. There are currently 71 resale and new homes in ZIP code 07054 on Trulia, including 4 open houses, as well as 77 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 07054 was $443,782 for the week ending Jan 27, which represents an increase of 0.2%, or $976, compared to the prior week.


District Type Grades Schools Students
Parsippany-troy Hills Township Schools Public PK - 12 14 7,376
School Name School Type Grades Parent Rating
St. Elizabeth Nursery and Montessori Private PK - 6
Lake Parsippany Elementary School Public K - 5
Eastlake Elementary School Public PK - 5
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Homes for Sale in 07054
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