Short Hills, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 186 transactions over the past year in Short Hills. The median value for residential home transactions that occurred over the previous year is $1,658,816.33. The number of current listings in Short Hills is 25, and the percentage of properties for sale in the city is 25.00%. Short Hills, NJ currently has 12 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 25 properties for sale.
Short Hills, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 07078 | $ 1,489,000 $ 623/sqft |
Housing Market Summary for Short Hills, NJ
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $1.8M | $1.7M | -6.23% |
| Median Sold Price | $1.6M | $1.7M | 9.40% |
| Homes For Sale | 42 | 25 | -40.48% |
| Homes Sold | 62 | 72 | 16.13% |
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 Short Hills, NJ
Browse Homes in Short Hills, NJ
Short Hills home values range from $182,800 to $1,980,000. The median estimated value of a home in Short Hills is $1,658,816.33. The median list price of a home is 1,998,000, and the total count of properties in the city is 4,162.
- Pre-ForeclosurePre-foreclosure homes account for 0.26% of all residential properties in Short Hills, NJ with 07078 containing 11 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 $1,848,000 in 07078 to the lowest home value of $1,435,000 in 07078.
- Bank OwnedThe 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.
- Auctions07078 has 1 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 0.02% 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 07078 to the lowest value of $0 in 07078.
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More Real Estate Resources for Short Hills, NJ
Guide for Short Hills, NJ
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