Morris County: Median Home Value Trend
How Morris County's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$438,100
2023
$557,000
Total change
+$118,900
% change
+27.1%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $438,100 | — |
| 2019 | $456,200 | +$18,100 (4.1%) |
| 2020 | — | — |
| 2021 | $474,500 | — |
| 2022 | $531,800 | +$57,300 (12.1%) |
| 2023 | $557,000 | +$25,200 (4.7%) |