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Is now a good time to sell in Morristown?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v265

Data-backed
Sold Score
48/100
YoY Fair Chance of Selling
Pending ratio
0.51
YoY contracts vs active
Inventory YoY
+0.1%
YoY active listings
Median DOM
59
YoY days on market
Price cuts
47.2%
YoY of active listings
It's a fair time, not a clearly favorable one. Morristown has a Sold Score of 48/100 in May 2026 (Fair Chance of Selling) — pricing realistically is doing most of the work. Pending ratio is 0.51 — the higher this is, the faster contracts come in relative to standing inventory. Active inventory is up +5.8% year over year, expanding the pool you're competing in. Median days on market sit at 59. 47.2% of active listings have already reduced asking price. — Live indicators (May 2026): Sold Score: 48/100 (Fair Chance of Selling) · Pending ratio: 0.51 · Inventory YoY: +5.8% · Median days on market: 59 · Sellers cutting price: 47.2% · Median listing price: $459,000 (-5.1% YoY)

Morristown snapshot

As of the latest 2026 data
Median listing
$459K
YoY -0.1%
Active inventory
483
YoY +0.1%
Median DOM
62
YoY +0.1%
Pending ratio
0.45
YoY -0.0%
Price-reduced
25.8%
YoY -0.0%

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