Real Estate Overview for Parsippany, 07054


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  • Schools
  • Commute
  • Amenities
  • Affordability
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Average Listing Price

  • $440,217
  • for week ending Aug 12
  • -$4,006
  • -0.9%
  • w-o-w

Median Sales Price

  • $452,500
  • May '15 - Aug '15
  • +$12,500
  • +2.8%
  • y-o-y

Average Listing Price $440,217 -0.9% w-o-w
Median Sales Price $452,500 +2.8% y-o-y
Average Price/sqft $225 +8.7% y-o-y
Number of Sales 28 -31.7 % y-o-y

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Most popular zip codes Avg. listing Price
Week ending Aug 12
w-o-w
07960 $796,257 -1.5%
07869 $526,018 -0.7%
07928 $1,123,603 +4.9%
07834 $467,912 -3.8%
07405 $559,784 +1.0%
Movers & Shakers Avg. listing price
Week ending Aug 12
w-o-w
07940 $1,030,366 +7.4%
07980 $667,211 -6.6%
07946 $604,246 +5.3%
07928 $1,123,603 +4.9%
07828 $336,359 -3.9%
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 $452,500 based on 28 sales. Compared to the same period one year ago, the median sales price increased 2.8%, or $12,500, and the number of sales decreased 31.7%. Average price per square foot for homes in 07054 was $225, a decrease of 3% compared to the same period last year. There are currently 141 resale and new homes in ZIP code 07054 on Trulia, including 14 open houses, as well as 111 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 $440,217 for the week ending Aug 12, which represents a decrease of 0.9%, or $4,006, 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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