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Is now a good time to sell in Morristown?

P

Primpted Housing Analyst

Updated monthly · Data through August 2026 · v268

Data-backed
Sold Score
46/100
YoY Fair Chance of Selling
Pending ratio
0.37
YoY contracts vs active
Inventory YoY
+0.0%
YoY active listings
Median DOM
70
YoY days on market
Price cuts
50.4%
YoY of active listings
It's a fair time, not a clearly favorable one. Morristown has a Sold Score of 46/100 in August 2026 (Fair Chance of Selling) — pricing realistically is doing most of the work. Pending ratio is 0.37 — the higher this is, the faster contracts come in relative to standing inventory. Active inventory is up +1.4% year over year, expanding the pool you're competing in. Median days on market sit at 70. 50.4% of active listings have already reduced asking price. — Live indicators (August 2026): Sold Score: 46/100 (Fair Chance of Selling) · Pending ratio: 0.37 · Inventory YoY: +1.4% · Median days on market: 70 · Sellers cutting price: 50.4% · Median listing price: $479,000 (+6.5% YoY)

Morristown snapshot

As of the latest 2026 data
Median listing
$479K
YoY +0.1%
Active inventory
492
YoY +0.0%
Median DOM
70
YoY +0.1%
Pending ratio
0.37
YoY -0.1%
Price-reduced
29.0%
YoY -0.0%

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