Morristown (City), New Jersey - Trend of Zillow Home Value Index (ZHVI) for All Homes - Bottom Tier (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Bottom Tier Zillow home value index (ZHVI) for All Homes in Morristown (City), New Jersey in February 2026 was $589,613.196. The month over month percentage change (MoM) was 0.57%, and the year over year percentage change (YoY) was 4.92%.

The chart below shows the trend of the bottom tier ZHVI for all homes in Morristown (City), NJ. The table below shows the trend of the bottom tier ZHVI, and the MoM and YoY percentage changes for all homes in Morristown (City), NJ.

You can see similar information for other New Jersey cities, and for New Jersey.

Note: The Bottom Tier Zillow Home Value Index (ZHVI) for all Homes is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 5th to 35th percentile range.

Data Source: Zillow.
Morristown (City), NJ - Trend of Zillow Home Value Index (ZHVI) for All Homes - Bottom Tier ($)
Morristown (City), NJ - Trend of Zillow Home Value Index (ZHVI) for All Homes - Bottom Tier
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 326954.8688539903 1.30 11.09
Feb 2015 330712.0995639194 1.15 10.81
Mar 2015 333456.4712104548 0.83 9.84
Apr 2015 335318.11277221027 0.56 8.50
May 2015 337221.09041667305 0.57 7.55
Jun 2015 338583.69971446646 0.40 7.26
Jul 2015 339425.2060441752 0.25 7.35
Aug 2015 339982.0646096911 0.16 7.62
Sep 2015 341427.01517874765 0.43 7.92
Oct 2015 343404.52030027675 0.58 8.28
Nov 2015 345394.5123959427 0.58 8.17
Dec 2015 346908.5478236683 0.44 7.48
Jan 2016 348488.4181411529 0.46 6.59
Feb 2016 349798.1168324665 0.38 5.77
Mar 2016 350643.17618682893 0.24 5.15
Apr 2016 351730.1210310212 0.31 4.89
May 2016 353197.56879536615 0.42 4.74
Jun 2016 354457.0214979295 0.36 4.69
Jul 2016 354890.3506658124 0.12 4.56
Aug 2016 354692.4885467519 -0.06 4.33
Sep 2016 354688.14183099306 0.00 3.88
Oct 2016 354598.64062935294 -0.02 3.26
Nov 2016 354884.2981597059 0.08 2.75
Dec 2016 355754.92064314586 0.25 2.55
Jan 2017 356360.74473034387 0.17 2.26
Feb 2017 356223.0305359733 -0.04 1.84
Mar 2017 356099.23251998774 -0.04 1.56
Apr 2017 357579.8645427858 0.42 1.66
May 2017 360048.09236487304 0.69 1.94
Jun 2017 362389.4338303986 0.65 2.24
Jul 2017 364135.1299499169 0.48 2.61
Aug 2017 365290.63332843967 0.32 2.99
Sep 2017 366184.26502682065 0.25 3.24
Oct 2017 367848.0891046182 0.45 3.74
Nov 2017 369966.2652264526 0.58 4.25
Dec 2017 371917.2084490803 0.53 4.54
Jan 2018 373102.2188220241 0.32 4.70
Feb 2018 373938.8730569438 0.22 4.97
Mar 2018 375578.827209909 0.44 5.47
Apr 2018 377753.45975669706 0.58 5.64
May 2018 380272.80265489785 0.67 5.62
Jun 2018 381838.5368501667 0.41 5.37
Jul 2018 382764.71123027586 0.24 5.12
Aug 2018 382834.6084587655 0.02 4.80
Sep 2018 382965.0988217347 0.03 4.58
Oct 2018 382915.7425240245 -0.01 4.10
Nov 2018 383580.09277452267 0.17 3.68
Dec 2018 384443.1032760202 0.23 3.37
Jan 2019 383978.9789312042 -0.12 2.92
Feb 2019 383072.30907337787 -0.24 2.44
Mar 2019 382636.9013770902 -0.11 1.88
Apr 2019 382980.17743454006 0.09 1.38
May 2019 383259.1642788702 0.07 0.79
Jun 2019 382716.5184624752 -0.14 0.23
Jul 2019 382245.0357620741 -0.12 -0.14
Aug 2019 382208.669780212 -0.01 -0.16
Sep 2019 382601.7313214286 0.10 -0.09
Oct 2019 383707.6436219782 0.29 0.21
Nov 2019 384359.9739553248 0.17 0.20
Dec 2019 384978.84499572235 0.16 0.14
Jan 2020 386839.24569411116 0.48 0.75
Feb 2020 388983.51325859735 0.55 1.54
Mar 2020 391932.88724046986 0.76 2.43
Apr 2020 394167.56807471835 0.57 2.92
May 2020 396120.32325792545 0.50 3.36
Jun 2020 396460.47500101407 0.09 3.59
Jul 2020 395580.7189214022 -0.22 3.49
Aug 2020 395390.85012703674 -0.05 3.45
Sep 2020 397153.7196167239 0.45 3.80
Oct 2020 400832.0961243673 0.93 4.46
Nov 2020 405595.4762311019 1.19 5.53
Dec 2020 410965.24816968705 1.32 6.75
Jan 2021 415358.91016428714 1.07 7.37
Feb 2021 419375.9345112171 0.97 7.81
Mar 2021 422897.277351667 0.84 7.90
Apr 2021 426498.75892016856 0.85 8.20
May 2021 430101.02727779374 0.85 8.58
Jun 2021 433000.79331947136 0.67 9.22
Jul 2021 435385.7080755608 0.55 10.06
Aug 2021 436303.8403380865 0.21 10.35
Sep 2021 436494.4244962989 0.04 9.91
Oct 2021 437295.04461774067 0.18 9.10
Nov 2021 439747.5797282977 0.56 8.42
Dec 2021 442941.27605228947 0.73 7.78
Jan 2022 446428.3983016507 0.79 7.48
Feb 2022 449034.5125878596 0.58 7.07
Mar 2022 452466.78919541155 0.76 6.99
Apr 2022 455971.0959955197 0.77 6.91
May 2022 461690.2790610252 1.25 7.35
Jun 2022 467274.3324508067 1.21 7.92
Jul 2022 471302.8615720475 0.86 8.25
Aug 2022 471986.383314497 0.14 8.18
Sep 2022 470381.08712822647 -0.34 7.76
Oct 2022 469380.2927793657 -0.21 7.34
Nov 2022 469175.0433412299 -0.04 6.69
Dec 2022 470287.45039503364 0.24 6.17
Jan 2023 471669.0446575393 0.29 5.65
Feb 2023 473098.246519996 0.30 5.36
Mar 2023 475606.14772288833 0.53 5.11
Apr 2023 480345.08619894343 1.00 5.35
May 2023 486786.14123263425 1.34 5.44
Jun 2023 493905.7956217187 1.46 5.70
Jul 2023 499807.37080916605 1.20 6.05
Aug 2023 504780.8583126034 1.00 6.95
Sep 2023 508406.5825323125 0.72 8.08
Oct 2023 511398.42415898107 0.59 8.95
Nov 2023 514219.1618631377 0.55 9.60
Dec 2023 516759.8184362014 0.49 9.88
Jan 2024 518936.77853046573 0.42 10.02
Feb 2024 521465.8583163764 0.49 10.22
Mar 2024 525509.6708428193 0.78 10.49
Apr 2024 530283.4783605657 0.91 10.40
May 2024 534346.8944118994 0.77 9.77
Jun 2024 537590.9393263751 0.61 8.85
Jul 2024 540964.6946884809 0.63 8.24
Aug 2024 545007.7936752619 0.75 7.97
Sep 2024 549223.3874846024 0.77 8.03
Oct 2024 552498.7283341482 0.60 8.04
Nov 2024 554798.3227952098 0.42 7.89
Dec 2024 556533.2801101422 0.31 7.70
Jan 2025 558738.2354412327 0.40 7.67
Feb 2025 561966.9165999866 0.58 7.77
Mar 2025 564701.4376350805 0.49 7.46
Apr 2025 567387.4715362451 0.48 7.00
May 2025 569362.5107860565 0.35 6.55
Jun 2025 570916.8388921638 0.27 6.20
Jul 2025 572126.9121930783 0.21 5.76
Aug 2025 572807.6585492321 0.12 5.10
Sep 2025 574541.560300771 0.30 4.61
Oct 2025 576975.1550202115 0.42 4.43
Nov 2025 579699.2168835279 0.47 4.49
Dec 2025 582613.916799928 0.50 4.69
Jan 2026 586249.9512346289 0.62 4.92
Feb 2026 589613.1964299445 0.57 4.92