Real Estate Overview for Parsippany, 07054


  • Crime
  • Schools
  • Commute
  • Amenities
  • Affordability
  • Demographics
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Average Listing Price

  • $447,829
  • for week ending Aug 26
  • +$10,712
  • +2.5%
  • w-o-w

Median Sales Price

  • $460,000
  • May '15 - Aug '15
  • +$20,000
  • +4.5%
  • y-o-y

Average Listing Price $447,829 +2.5% w-o-w
Median Sales Price $460,000 +4.5% y-o-y
Average Price/sqft $233 +10.4% y-o-y
Number of Sales 36 -28.0 % y-o-y

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Most popular zip codes Avg. listing Price
Week ending Aug 26
w-o-w
07960 $765,635 -0.6%
07869 $527,297 +2.5%
07928 $1,142,224 -2.3%
07834 $462,823 +0.6%
07405 $545,181 -1.3%
Movers & Shakers Avg. listing price
Week ending Aug 26
w-o-w
07935 $1,484,966 -25.8%
07981 $562,688 +7.9%
07936 $613,503 -6.3%
07058 $829,700 +6.2%
07045 $626,704 -6.1%
View Morris County Home Prices Map

Summary for Parsippany, 07054


The median sales price for homes in ZIP code 07054 in Parsippany from May 15 to Aug 15 was $460,000 based on 36 sales. Compared to the same period one year ago, the median sales price increased 4.5%, or $20,000, and the number of sales decreased 28%. Average price per square foot for homes in 07054 was $233, an increase of 2.6% compared to the same period last year. There are currently 147 resale and new homes in ZIP code 07054 on Trulia, including 2 open houses, as well as 114 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 $447,829 for the week ending Aug 26, which represents an increase of 2.5%, or $10,712, 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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