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ZIP 07078 in Short Hills, NJ: housing market trends

The median home sale price in ZIP 07078 in Short Hills, NJ was $2,498,016 for the three-month period ending September 2026. Sale prices were 2.0% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$2,498,016
three-month period ending September 2026
Median sale price per sq ft
$718.04
three-month period ending September 2026
Active listings
58
three-month period ending September 2026
Typical monthly rent
$7,342
Rent index · August 2026

How is housing inventory changing?

There were 58 active listings for the three-month period ending September 2026. Active listings were 6.5% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 14 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 07078 in Short Hills, NJ
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$2,498,016$718.0451
Single-familySeptember 2026$2,498,120$718.0351
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Condos / co-opsSeptember 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 07078 in Short Hills, NJ
MarketMedian sale priceReporting period / source
Short Hills, NJ$2,497,5613 months ending September 2026 · Redfin
Millburn, NJUnavailableMonth ending unavailable date · Zillow
Springfield, NJUnavailableMonth ending unavailable date · Zillow
Summit, NJ$1,703,1893 months ending September 2026 · Redfin
Chatham, NJ$1,574,5593 months ending September 2026 · Redfin
Livingston, NJ$950,000Month ending July 2026 · Zillow

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 07078 in Short Hills, NJ
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$2,498,016$718.0458
August 2026$2,524,750$721.6865
July 2026$2,550,000$721.6892
June 2026$2,587,500$761.2292
May 2026$2,307,500$749.2790
April 2026$2,307,500$734.8078
March 2026$2,310,000$734.8061
February 2026$2,400,000$688.0045
January 2026$2,350,000$681.3651
December 2025$2,345,000$688.1051
November 2025$1,999,999$703.2157
October 2025$2,362,500$693.3960
September 2025$2,450,000$733.4162
August 2025$2,540,800$730.7961
July 2025$2,350,000$742.7679
June 2025$2,470,400$700.7280
May 2025$2,350,000$724.8176
April 2025$2,480,000$722.3866
March 2025$2,365,000$714.2946
February 2025$2,410,000$705.6240
January 2025$2,432,500$676.3538
December 2024$2,585,000$682.3841
November 2024$2,740,000$669.6648
October 2024$2,507,500$675.6855

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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