What is the average home price in Parsippany, NJ?

The median sale price in Parsippany was $640,001 in the 12 months through June 2026, across 416 recorded sales.

What does $750K to $1M buy in Parsippany, NJ?

Homes that sold for $750K to $1M in Parsippany had a median of 2,240 sq ft and were typically built around 1965, based on 108 sales in the 12 months through June 2026.

Is there new construction in Parsippany, NJ?

Yes. 1 newly built homes sold in Parsippany in the two years through June 2026, at a median of $1,175,000.

Morris County, New Jersey

Moving to Parsippany.

What your budget actually buys in Parsippany, how old the homes are, and what is for sale right now, from state records and the MLS.

Parsippany For Buyers

What your budget buys in Parsippany.

Homes that sold in Parsippany, July 2025 through June 2026, grouped by price. Median size and age are from the tax record.

$640Kmedian price416 sales, last 12 months

1960median year builtof homes that sold

35%built before 1960older homes sold

1%built 2019 or laternew and nearly new

Price	Homes sold	Median sq ft	Median year built
Under $750K	284	1,420	1960
$750K to $1M	108	2,240	1965
$1M to $1.5M	20	3,219	1994
$1.5M to $2M	3	4,252	2000
$3M and up	1	n/a	n/a

Source: NJ Division of Taxation deed records (SR1A), usable single-family and condo sales. Medians need at least three sales.

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Written and reviewed by

Inna Yelisevich

REALTOR-Associate, Builders Resource Center at Corcoran Sawyer Smith. Helps buyers find homes in Parsippany. Numbers updated September 2026.

About Inna · (646) 479-2260

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