Population: 14,287 · Density: 690.3/mi² · Median household income: $250,001
Typical home value: $1,573,540 · Homeownership: 87.1%
Data as of January 2026. Source: Realtor.com.
The SHORT HILLS, NJ real estate market (07078) currently shows 26 active listings, with 8 pending sales. Homes are averaging 80 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are selling faster, averaging 80 days on market compared to 90 days last year.
The median listing price has risen 8.6% year-over-year, from $3,672,000 to $3,988,000.
Whether you are buying or selling in SHORT HILLS, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 07078 | Short Hills, NJ 07078 | 0.0 mi | 26 | $102,261,718 | $3,988,000 | $3,933,143 |
| 07901 | Summit, NJ 07901 | 2.8 mi | 19 | $34,791,185 | $1,300,000 | $1,831,115 |
| 07081 | Springfield, NJ 07081 | 2.9 mi | 26 | $15,034,578 | $599,000 | $578,253 |
| 07040 | Maplewood, NJ 07040 | 3.0 mi | 29 | $21,809,189 | $649,500 | $752,041 |
| 07932 | Florham Park, NJ 07932 | 4.2 mi | 20 | $35,165,460 | $1,300,000 | $1,758,273 |
| 07092 | Mountainside, NJ 07092 | 4.5 mi | 10 | $10,106,040 | $999,000 | $1,010,604 |
| 07052 | West Orange, NJ 07052 | 4.7 mi | 81 | $62,146,035 | $639,000 | $767,235 |
| 07940 | Madison, NJ 07940 | 4.9 mi | 21 | $38,847,669 | $1,699,000 | $1,849,889 |
| 07106 | Newark, NJ 07106 | 5.1 mi | 27 | $13,426,425 | $455,000 | $497,275 |
| 07050 | Orange, NJ 07050 | 5.2 mi | 36 | $19,569,708 | $499,000 | $543,603 |
| 07936 | East Hanover, NJ 07936 | 5.7 mi | 15 | $13,562,130 | $829,000 | $904,142 |
| 07016 | Cranford, NJ 07016 | 6.0 mi | 27 | $17,990,316 | $639,500 | $666,308 |
| 07204 | Roselle Park, NJ 07204 | 6.2 mi | 19 | $10,542,625 | $499,900 | $554,875 |
As of January 2026, there are 26 active listings in SHORT HILLS, NJ (zip code 07078), compared to 23 the prior year.
The median listing price in SHORT HILLS, NJ 07078 is $3,988,000 as of January 2026, a 8.6% increase from $3,672,000 the prior year.
Homes in SHORT HILLS, NJ 07078 spend an average of 80 days on the market before going under contract, compared to 90 days the prior year.
Based on current inventory and days-on-market data as of January 2026, SHORT HILLS, NJ 07078 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 80 days on market compared to 90 days last year.
With SELL123.com's maximum 3% commission, sellers in SHORT HILLS, NJ 07078 save an estimated $79,760 compared to a typical 5% commission on the median listing price of $3,988,000. 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.