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Parsippany, NJ Real Estate & Property Data

Parsippany Real Estate Market Trends

Last Updated: September 06, 2025

Accurate and comprehensive real estate data is critical for insight into Parsippany, NJ 07054. ATTOM’s Parsippany real estate data is updated daily, and current market trends show that in Parsippany, NJ a total of 259 residential properties have sold over the past year. With a median home price of $860,000 in Parsippany and a total of 3 foreclosures. Get detailed property data for Parsippany, NJ instantly. ATTOM is your one-stop-shop for the Parsippany property reports and real estate data you need in Parsippany, NJ.

Parsippany Real Estate Market Trends

Get property data for any address in Parsippany, NJ or the country:

Total Residential Properties 6,559

Total Commercial Properties 412

Avg. Home Age (Single Family Home) 55 Years

Avg. Square Feet (Single Family Home) 2,026

Total 2025 Residential Sales (year-to-date) 105

% of Homes Seriously Underwater (Q3 2025) 0.98%

Total 2024 Residential Sales 215

% of Equity Rich Homes (Q3 2025) 53.6%

Effective 2024 Property Tax 1.57%

Total Foreclosure Filings (year-to-date) 13

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Parsippany, NJ 07054 Real Estate Overview

There were 259 residential properties sold in the past year in Parsippany, NJ 07054. The median home value in Parsippany, NJ 07054 is $729,300. There are a total of 6,559 residential properties in the 07054.

Median Sales Price i

$860,000

(Jun 2025)

+16.3%

year-over-year

y-o-y

June '25 Jun '25 $860,000
May '25 May '25 $700,000
April '25 Apr '25 $675,000
March '25 Mar '25 $678,000
February '25 Feb '25 $727,500
January '25 Jan '25 $541,000
December '24 Dec '24 $670,000
November '24 Nov '24 $675,000
October '24 Oct '24 $737,500
September '24 Sep '24 $701,000
August '24 Aug '24 $705,100
July '24 Jul '24 $805,000

Median Down Payment i

$160,000

(Jun 2025)

+3.6%

year-over-year

y-o-y

June '25 Jun '25 $160,000
May '25 May '25 $90,050
April '25 Apr '25 $150,000
March '25 Mar '25 $80,400
February '25 Feb '25 $145,500
January '25 Jan '25 $135,250
December '24 Dec '24 $144,000
November '24 Nov '24 $164,000
October '24 Oct '24 $167,500
September '24 Sep '24 $140,000
August '24 Aug '24 $134,000
July '24 Jul '24 $276,500

Number of Homes Sold i

19

(Jun 2025)

+46.2%

year-over-year

y-o-y

June '25 Jun '25 19
May '25 May '25 18
April '25 Apr '25 12
March '25 Mar '25 21
February '25 Feb '25 11
January '25 Jan '25 24
December '24 Dec '24 31
November '24 Nov '24 20
October '24 Oct '24 23
September '24 Sep '24 25
August '24 Aug '24 25
July '24 Jul '24 17

Number of Purchase Loans i

13

(Jun 2025)

+44.4%

year-over-year

y-o-y

June '25 Jun '25 13
May '25 May '25 11
April '25 Apr '25 9
March '25 Mar '25 13
February '25 Feb '25 8
January '25 Jan '25 10
December '24 Dec '24 22
November '24 Nov '24 19
October '24 Oct '24 23
September '24 Sep '24 24
August '24 Aug '24 20
July '24 Jul '24 14

Number of REFI Loans i

11

(Jun 2025)

+37.5%

year-over-year

y-o-y

June '25 Jun '25 11
May '25 May '25 13
April '25 Apr '25 10
March '25 Mar '25 7
February '25 Feb '25 5
January '25 Jan '25 12
December '24 Dec '24 10
November '24 Nov '24 9
October '24 Oct '24 16
September '24 Sep '24 12
August '24 Aug '24 10
July '24 Jul '24 10

Number of HELOC Loans i

17

(Jun 2025)

+88.9%

year-over-year

y-o-y

June '25 Jun '25 17
May '25 May '25 12
April '25 Apr '25 8
March '25 Mar '25 6
February '25 Feb '25 8
January '25 Jan '25 14
December '24 Dec '24 7
November '24 Nov '24 16
October '24 Oct '24 10
September '24 Sep '24 3
August '24 Aug '24 10
July '24 Jul '24 8

Parsippany, NJ 07054 Real Estate Market Overview

Last 30 days

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Parsippany, NJ 07054 Foreclosure Activity

There were a total of 3 Parsippany, NJ 07054 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i

3

(Jun 2025)

year-over-year

y-o-y

June '25 Jun '25 3
May '25 May '25 3
April '25 Apr '25 1
March '25 Mar '25 2
February '25 Feb '25 3
January '25 Jan '25 1
December '24 Dec '24 2
November '24 Nov '24 3
October '24 Oct '24 4
September '24 Sep '24 3
August '24 Aug '24 1
July '24 Jul '24 2

Foreclosure Starts i

2

(Jun 2025)

-33.3%

year-over-year

y-o-y

June '25 Jun '25 2
May '25 May '25 1
April '25 Apr '25 N/A
March '25 Mar '25 2
February '25 Feb '25 3
January '25 Jan '25 N/A
December '24 Dec '24 2
November '24 Nov '24 2
October '24 Oct '24 4
September '24 Sep '24 1
August '24 Aug '24 1
July '24 Jul '24 2

Completed Foreclosures (REOs) i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 1
July '24 Jul '24 N/A

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