Short Hills, NJ Home Values & Market Trends

Real estate market trends reflect that there have been 159 transactions over the past year in Short Hills. The median value for residential home transactions that occurred over the previous year is $1,949,090.48. The number of current listings in Short Hills is 68, and the percentage of properties for sale in the city is 90.67%. Short Hills, NJ currently has 7 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 68 properties for sale.

Short Hills, NJ Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
07078

$ 1,939,000

$ 736/sqft

Housing Market Summary for Short Hills, NJ

Mar 2025March 2026Change
Median Listing Price$2.9M$2M-29.98%
Median Sold Price$1.9M$2M7.82%
Homes For Sale2163200.00%
Homes Sold7662-18.42%
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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%.

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Recently Sold Homes

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Browse Homes in Short Hills, NJ

Short Hills home values range from $239,600 to $2,280,000. The median estimated value of a home in Short Hills is $1,949,090.48. The median list price of a home is 2,799,000, and the total count of properties in the city is 4,151.

Foreclosure
There is 1 zips within Short Hills, NJ; within this zips, the median estimated home value for homes in foreclosure ranges from $2,161,000 in 07078 to the lowest value of $2,161,000 in 07078. Foreclosure homes account for 0.00% of properties in Short Hills, NJ with 07078 containing 7 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.17% of all residential properties in Short Hills, NJ with 07078 containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Short Hills, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $2,161,000 in 07078 to the lowest home value of $2,161,000 in 07078.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Short Hills, NJ 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 Short Hills, NJ. There is 1 zips within Short Hills, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Short Hills, NJ. Auction homes and other auction properties account for 0% of all properties in Short Hills, NJ. There is 1 zips within Short Hills, NJ; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.64% of residential properties in Short Hills, NJ with 07078 containing 68 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Short Hills, NJ; homes for sale in that zips, have a range of median values from $2,267,000 in 07078 to the lowest value of $1,164,000 in 07078.
    Sold Homes
    The median value for recently sold homes ranges from $2,264,000 in 07078 to the lowest price of $1,140,000 in 07078. There is 1 zips within Short Hills, NJ. 07078 has 62 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.49% of properties in Short Hills, NJ.

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