07078 Home Values & Market Trends
There are 139 homes currently listed for 07078. 07078 real estate market trends show that home prices range from $429,999 to $5,995,000, and the median sales price in the 07078 zip code is $2,353,722.26. The total number of properties sold within the past twelve months is 157. In 07078, 8 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.
07078 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|
Housing Market Summary for 07078
| Jun 2025 | June 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $2.5M | $2.1M | -16.29% |
| Median Sold Price | $1.9M | $2.1M | 13.32% |
| Homes For Sale | 32 | 125 | 290.63% |
| Homes Sold | 67 | 53 | -20.90% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 07078
Browse Homes in 07078
The median list price of a home in Short Hills, is $2,353,722.26. A total of 139 properties are for sale, and the percentage of properties for sale in the zip code is 94.56%. The total count of 07078 properties is 4,119.
- Pre-ForeclosurePre-foreclosure homes account for 0.17% of all residential properties in 07078 with Short Hills containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07078; of that cities, the estimated home value for pre-foreclosure homes ranges from $4,412,185 in Short Hills to the lowest home value of $2,137,341 in Short Hills.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07078 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 07078. There is 1 cities within 07078; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsShort Hills has 1 auction properties, the highest number of properties going to auction in a single city in the state of 07078. Auction homes and other auction properties account for 0.02% of all properties in 07078. There is 1 cities within 07078; of that cities, the median estimated home value for homes going to auction ranges from $2,630,116 in Short Hills to the lowest value of $2,630,116 in Short Hills.