Updated May 2026 · Redfin · 3-month window
07078 Real Estate Market Update: Short Hills, NJ, May 2026
The latest housing-market numbers for ZIP code 07078 in Short Hills, New Jersey, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $2.31M | • 0.0% | ▼ -1.7% |
| Days on market | 11 | ▼ -37.1% | ▼ -31.2% |
| Homes for sale | 26 | ▼ -13.3% | ▼ -18.7% |
| Sale-to-list | 106.5% | ▲ +1.5% | ▲ +1.3% |
| Homes sold | 35 | ▲ +20.7% | ▲ +75.0% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 07078 numbers say
The 07078 ZIP in Short Hills is cooling. The median sale price sits at $2,310,000, 1.7% below last year. Homes here move fast: a typical listing goes under contract in about 11 days, and sellers are getting 106.5% of list price.
Based on 35 recent sales, 07078 is currently an active market.
What this means if you sell in 07078
Use these figures to set expectations early. Lead a listing appointment with the median price and the 11-day pace, show the year-over-year direction, and frame 07078 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Short Hills post →Frequently asked: the 07078 housing market
- What is the median home price in ZIP 07078 (Short Hills, NJ)?
- As of May 2026, the median sale price in ZIP 07078 is $2,310,000 (-1.7% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 07078 a buyer's or seller's market right now?
- ZIP 07078 is currently an active market, based on a 106.5% sale-to-list ratio, about 11 days on market for May 2026.
- How long do homes take to sell in ZIP 07078?
- A typical listing in 07078 goes under contract in about 11 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 07078 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.