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Sarah Mitchell

CNESRESABR

Compass Real Estate · East Orange, NJ

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

East Orange, NJ(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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East Orange, NJ Housing Market & Real Estate

Buyer's market-22.6% YoY

Housing market overview · Updated monthly ·

$480,000median sale price

How is the East Orange, NJ housing market right now?

The median home sale price in East Orange, NJ is $480,000, down 22.6% year-over-year. Homes sell in an average of 102 days with 135 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is East Orange a buyer's or seller's market?

Buyer's market7.9 months of supply102 avg. days on market

East Orange, NJ is currently a buyer's market, based on 7.9 months of supply and homes selling in about 102 days. How we determine this →

Homes sold

17

Last 12 weeks

Days on market

102

Average pace

Active listings

135

7.9 months supply

Sale-to-list

99.5%

Below asking

What does the East Orange housing market data show?

Current housing market statistics for East Orange, NJ
MetricValue
Median sale price$480,000
Median list price$587,000
Year-over-year price change-22.6%
Average days on market102 days
Active inventory135 listings
Months of supply7.9 months
Sale-to-list price ratio99.5%
Median price per sq ft$242/sq ft
Homes sold (latest month)17
New listings (latest month)40
Listings with a price cut10.4%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in East Orange by property type?

How the East Orange, NJ market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in East Orange, NJ
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$475,000$282/sq ft1193 days
Condo / Co-op$204,500$199/sq ft1137 days
Townhouse$375,000150 days

Source: Redfin · Updated monthly

The East Orange housing market is currently classified as a buyer's market with a median sale price of $480,000. Prices have fallen 22.6% compared to last year, with homes spending an average of 102 days on market, indicating 7.9 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 8.1x provides context for how home values compare to local earning capacity.

Homes for sale in East Orange

There are currently 135 homes listed for sale in East Orange, New Jersey. The median listing price is $587K.

Active listings

135

Homes on market

Median list price

$587K

Avg. days on market

102

Days until sale

New this week

40

Newly listed

Price drops:10.4%of listings
Sale-to-list:99.5%

Who lives in East Orange?

Population

69,183

Median income

$59,872/yr

Median age

37 years

Owner-occupied

27.4%

College grads

22.9%

Avg commute

35.5 min

Source: U.S. Census Bureau ACS

What are homes worth in East Orange?

Zillow home value

$483,575

Zillow rent index

$2,068/mo

Price-to-rent ratio

19.5x

Price-to-income

8.1x

Source: Zillow Research

What is it like to live in East Orange?

East Orange is a community of approximately 69K residents with a median age of 37 years.The median household income is $59,872, which represents a working-class community with solid middle-income opportunities. 22.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 27.4%, showing a blend of owner and renter-occupied properties. The average commute time is 35.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, East Orange offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve East Orange?

22 schools tracked · 9,392 students

The largest public schools serving East Orange, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

East Orange Campus High School

Grades 9-12 · 1,751 students

Public

Cicely L. Tyson Community Middle/High School

Grades 6-12 · 695 students

Public

East Orange STEM Academy High School

Grades 6-12 · 609 students

Public

Langston Hughes Elementary School

Grades PK-5 · 568 students

Public

Edward T. Bowser Sr. School of Excellence

Grades PK-5 · 528 students

Public

Cicely L. Tyson Community Elementary School

Grades PK-5 · 488 students

Public

Benjamin Banneker Academy

Grades PK-8 · 487 students

Public

Shelia Y. Oliver Academy

Grades PK-8 · 438 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near East Orange, NJ?

Want a head-to-head view? Compare East Orange side-by-side with any other U.S. city using our market-comparison tool.

Is East Orange a good real estate investment market?

For investors evaluating East Orange, the price-to-rent ratio of 19.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 22.6% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on East Orange's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using East Orange's median home price.

Frequently asked questions

What is the average home price in East Orange?

The median home sale price in East Orange is $480,000, down 22.6% from last year.

How long do homes stay on market in East Orange?

Homes typically spend 102 days on market before going under contract.

What is the median income in East Orange?

The median household income is $59,872 per year.

Is East Orange a buyer's or seller's market?

With 7.9 months of supply, East Orange is currently a buyer's market.

What is the Zillow home value estimate for East Orange?

The Zillow Home Value Index (ZHVI) for East Orange is $483,575, representing the typical home value in the area.

What is the median condo price in East Orange?

The median condo/co-op sale price in East Orange, NJ is $204,500, compared to $475,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in East Orange?

The median single-family home price in East Orange, NJ is $475,000 (about $282 per square foot).

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