Parsippany Real Estate

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Parsippany Real Estate & Homes for Sale in New Jersey

Located within 30 minutes of New York City, the Parsippany-Troy Hills area includes 25 square miles of land and approximately 52,000 people. The community features many diverse and charming neighborhoods, high-quality business campuses, excellent school and library systems, and an extraordinary park system. The city’s residents are known for their intense pride and willingness to do whatever it takes to improve upon their current excellent quality of life. Hundreds of volunteers help to provide emergency services, support the schools and libraries, run many recreation programs, and plan for the future. Prospective homebuyers will have many housing options to choose from, as Parsippany’s real estate consists of single-family homes, estates, and properties for sale.


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Price Range of Parsippany Houses


Real estate within the Parsippany-Troy Hills Township area is diverse, abundant, and affordable, not to mention quite charming in terms of architectural style. Brick homes, ranch-styled homes with barnyard roofs, and vinyl siding homes set on impressively sized treed lots make up the majority of the market here in this part of Morris County. It’s true that the residents of Parsippany-Troy Hills are offered the tranquil ambiance of suburban living, but without being far removed from the big city amenities that New York City affords. Single-family homes in Parsippany are currently listed for $220,000 and can exceed $1.5 million for palatial, brick-styled estates complete with 5 bedrooms and 4 bathrooms.

View Current Rates
-- May 19th, 2012 --
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 30 yr. fixed rate: 3.73%
 15 yr. fixed rate: 3.03%
 30 yr. jumbo rate: 4.39%
 15 yr. jumbo rate: 3.60%
Average Prices of 3 Bed Homes
-- May 19th, 2012 --
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 2 Years Ago  $458,000
 1 Year Ago  $410,000
 6 Months Ago   $370,000
 1 Month Ago  $388,000
 Today  $392,000

Parsippany Real Estate Stats and Trends for the week of May 14th, 2012: homes priced around $392,292 compared to $392,750 the previous week, for a slight decrease of less than -1%.  For Saturday, May 19th, the current national mortgage rate for a 30 year fixed mortgage is 3.73%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.39%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Parsippany NJ. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Parsippany to help you find the best home!


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