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Panther Valley, NJ
Full City Profile · New Jersey · Morris County County
3.9
/5.0
B+
Good
4,622
Population
1,551/sq mi density
$128,484
Median Income
$66,275 per capita
$359,800
Home Value
$477,993 Zillow
$2,000
Median Rent
42.1% income on rent
53°F
Avg Temperature
275 sunny days/yr
63
Violent Crime/100K
1,514 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$128,484 median income, 5.9% unemployment
A+
Affordability
5.0 / 5.0
$359,800 home value, $2,000/mo rent
F
Safety
1.0 / 5.0
63 violent crimes/100K
A+
Education
5.0 / 5.0
54.8% bachelor's degree or higher
Housing Overview
Median Home Value
$359,800
28% above
US avg: $281,900
Median Rent
$2,000/mo
72% above
US avg: $1,163/mo
Homeownership Rate
85.7%
31% above US avg (65.4%)
Total Housing Units
2,033
Median year built: 1986
Home Value by Source
Census Median
$359,800
Zillow (ZHVI)
$477,993
Median Sale Price
$404,000
Median List Price
$649,800
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.7%
Owner-Occupied
14.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$2,000/mo
Market Indicators (Redfin)
Median Days on Market
42 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
28.6%
of listings with price reduction
Price Per Sq Ft
$268
Active Inventory
7
homes for sale
Affordability & Housing Stock
Rent Burden
42.1%
of renters spending 30%+ of income on housing
36% above US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
85.7%
Complete Housing Data
Home Values
| Census Median Value | $359,800 |
| Zillow Home Value (ZHVI) | $477,993 |
| Median Sale Price | $404,000 |
| Median List Price | $649,800 |
| Price Per Sq Ft | $268 |
Rent
| Census Median Rent | $2,000 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
| Days on Market | 42 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 28.6% |
| Homes Sold | 6 |
| Active Inventory | 7 |
| Price Per Sq Ft | $268 |
Ownership & Stock
| Owner-Occupied | 85.7% |
| Renter-Occupied | 14.3% |
| Homeownership Rate | 85.7% |
| Total Housing Units | 2,033 |
| Median Year Built | 1986 |
| Rent Burden | 42.1% |