Data as of June 2026. Source: Realtor.com.
The SHORT HILLS, NJ real estate market (07078) currently shows 67 active listings, with 39 pending sales. Homes are averaging 40 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 taking longer to sell, averaging 40 days on market compared to 36 days last year.
The median listing price has fallen 5% year-over-year, from $3,774,000 to $3,586,000.
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.
Population: 14,287 · Density: 690.3/mi² · Median household income: $250,001
Typical home value: $1,573,540 · Homeownership: 87.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 07078 | Short Hills, NJ 07078 | 0.0 mi | 32 | $119,679,584 | $3,837,500 | $3,739,987 |
| 07901 | Summit, NJ 07901 | 2.8 mi | 28 | $45,032,848 | $1,431,250 | $1,608,316 |
| 07081 | Springfield, NJ 07081 | 2.9 mi | 24 | $13,936,152 | $652,200 | $580,673 |
| 07040 | Maplewood, NJ 07040 | 3.0 mi | 31 | $18,743,964 | $498,950 | $604,644 |
| 07932 | Florham Park, NJ 07932 | 4.2 mi | 16 | $28,143,552 | $1,873,500 | $1,758,972 |
| 07092 | Mountainside, NJ 07092 | 4.5 mi | 11 | $12,723,337 | $1,075,500 | $1,156,667 |
| 07052 | West Orange, NJ 07052 | 4.7 mi | 103 | $78,403,600 | $634,750 | $761,200 |
| 07940 | Madison, NJ 07940 | 4.9 mi | 21 | $50,763,027 | $2,347,500 | $2,417,287 |
| 07106 | Newark, NJ 07106 | 5.1 mi | 32 | $16,111,936 | $458,438 | $503,498 |
| 07050 | Orange, NJ 07050 | 5.2 mi | 35 | $17,685,920 | $490,200 | $505,312 |
| 07936 | East Hanover, NJ 07936 | 5.7 mi | 19 | $17,915,917 | $925,000 | $942,943 |
| 07016 | Cranford, NJ 07016 | 6.0 mi | 27 | $25,139,700 | $777,000 | $931,100 |
| 07204 | Roselle Park, NJ 07204 | 6.2 mi | 20 | $10,824,200 | $524,225 | $541,210 |
As of June 2026, there are 67 active listings in SHORT HILLS, NJ (zip code 07078), compared to 64 the prior year.
The median listing price in SHORT HILLS, NJ 07078 is $3,586,000 as of June 2026, a 5% decrease from $3,774,000 the prior year.
Homes in SHORT HILLS, NJ 07078 spend an average of 40 days on the market before going under contract, compared to 36 days the prior year.
Based on current inventory and days-on-market data as of June 2026, SHORT HILLS, NJ 07078 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 40 days on market compared to 36 days last year.
With SELL123.com's maximum 3% commission, sellers in SHORT HILLS, NJ 07078 save an estimated $71,720 compared to a typical 5% commission on the median listing price of $3,586,000. 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.