Short Hills, NJ Home Values & Market Trends

Real estate market trends reflect that there have been 164 transactions over the past year in Short Hills. The median value for residential home transactions that occurred over the previous year is $2,823,945. The number of current listings in Short Hills is 147, and the percentage of properties for sale in the city is 147.00%. Short Hills, NJ currently has 7 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 147 properties for sale.

Short Hills, NJ Real Estate Market Overview

ZipMedian Est. Value
07078

$ 2,823,945

$ 734/sqft

Housing Market Summary for Short Hills, NJ

Sep 2025September 2026Change
Median Listing Price$2.8M$3.5M27.27%
Median Sold Price$1.9M$2.3M20.29%
Homes For Sale56144157.14%
Homes Sold11746-60.68%
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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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Browse Homes in Short Hills, NJ

Short Hills home values range from $857,960 to $5,995,000. The median estimated value of a home in Short Hills is $2,823,945. The median list price of a home is 3,499,000, and the total count of properties in the city is 209.

Foreclosure
There is 1 zips within Short Hills, NJ; within this zips, the median estimated home value for homes in foreclosure ranges from $4,203,762 in 07078 to the lowest value of $2,155,476 in 07078. Foreclosure homes account for 3.00% 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 3.35% 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 $4,203,762 in 07078 to the lowest home value of $2,155,476 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 70.33% of residential properties in Short Hills, NJ with 07078 containing 147 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 $5,995,000 in 07078 to the lowest value of $885,931 in 07078.
    Sold Homes
    The median value for recently sold homes ranges from $4,901,415 in 07078 to the lowest price of $857,960 in 07078. There is 1 zips within Short Hills, NJ. 07078 has 48 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 22.97% of properties in Short Hills, NJ.

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      Guide for Short Hills, NJ

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.