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Market snapshot

Parsippany, NJ

$794,000median home price

Data as of March 31, 2026 · 5 sales this period · Source: Redfin

Year over year

+29.1%

Month over month

+22.1%

Days on market

24

Active inventory

14

By property type

How prices differ across single-family, condo, townhouse, and multi-family in Parsippany.

TypeMedianYoYMoMDOMInventory$ / sqft
All residential$794,000+29.1%+22.1%24d14$339
Single-family homes$794,000+29.1%+22.1%24d10$339
Condos / Co-ops$140,000--101d2-
Townhouses$655,000--69d2-
Multi-family (2-4 units)$660,000--118d-$302

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