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Downtown Orange (Downtown) Seven Oaks Transit Village

ORANGE, NJ 07050

Real Estate Market Report  ·  Essex County
Buyer's Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 07050

Downtown Orange (Downtown) · Seven Oaks · Transit Village

Market Analysis

Data as of September 2026. Source: Realtor.com.

The ORANGE, NJ real estate market (07050) currently shows 69 active listings, with 18 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 59 days on market compared to 34 days last year.

The median listing price has fallen 23.5% year-over-year, from $621,000 to $475,000.

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Market Context

Market Context

Population: 33,523  ·  Density: 5,866.1/mi²  ·  Median household income: $50,498

Typical home value: $303,150  ·  Homeownership: 22.3%

Market Overview

Active Listings
69
⇧ 81.6% vs 38 last year
Pending
18
26% pending ratio
Median Price
$475,000
⇩ 23.5% vs $621,000 last year
Average Price
$514,960
⇩ 11.1% vs $579,412 last year
Days on Market
59
⇧ 73.5% vs 34 days last year

Price Per Square Foot

Median $/sqft
$299
⇩ 3.9% vs $311/sqft last year
Median Home Size
1,512 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 69 this year vs 38 last year
  • Days on market: 59 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $475,000 (-23.5% YoY)
  • Average: $514,960 (-11.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.1 miles — 350 listings ($296,640,655 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07050Orange, NJ 070500.0 mi35$17,685,920$490,200$505,312
07017East Orange, NJ 070171.5 mi49$21,457,933$459,450$437,917
07079South Orange, NJ 070791.9 mi33$31,735,902$992,500$961,694
07107Newark, NJ 071072.6 mi15$6,189,900$399,250$412,660
07028Glen Ridge, NJ 070283.0 mi15$14,256,120$809,000$950,408
07040Maplewood, NJ 070403.1 mi31$18,743,964$498,950$604,644
07104Newark, NJ 071043.5 mi22$14,852,310$499,000$675,105
07003Bloomfield, NJ 070033.8 mi46$25,436,528$578,500$552,968
07112Newark, NJ 071124.1 mi30$14,258,040$459,975$475,268
07088Vauxhall, NJ 070884.3 mi7$3,209,500$424,500$458,500
07029Harrison, NJ 070294.6 mi6$2,621,340$443,500$436,890
07021Essex Fells, NJ 070214.7 mi8$23,369,064$3,062,499$2,921,133
07039Livingston, NJ 070395.1 mi53$102,824,134$1,844,750$1,940,078

Frequently Asked Questions

How many homes are for sale in ORANGE, NJ 07050?

As of September 2026, there are 69 active listings in ORANGE, NJ (zip code 07050), compared to 38 the prior year.

What is the median home price in ORANGE, NJ 07050?

The median listing price in ORANGE, NJ 07050 is $475,000 as of September 2026, a 23.5% decrease from $621,000 the prior year.

How long do homes stay on the market in ORANGE, NJ?

Homes in ORANGE, NJ 07050 spend an average of 59 days on the market before going under contract, compared to 34 days the prior year.

Is it a seller's or buyer's market in ORANGE, NJ 07050?

Based on current inventory and days-on-market data as of September 2026, ORANGE, NJ 07050 is currently a Buyer's Market. Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 59 days on market compared to 34 days last year.

How much can I save on real estate commission in ORANGE, NJ?

With SELL123.com's maximum 3% commission, sellers in ORANGE, NJ 07050 save an estimated $9,500 compared to a typical 5% commission on the median listing price of $475,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.