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Featured local agent — Short Hills, NJ
Sarah Mitchell
Compass Real Estate · Short Hills, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Short Hills, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$2.20Mmedian sale price
How is the Short Hills, NJ housing market right now?
The median home sale price in Short Hills, NJ is $2.20M, down 3.3% year-over-year. Homes sell in an average of 10 days with 27 active listings. The market is currently a strong seller'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 Short Hills a buyer's or seller's market?
Short Hills, NJ is currently a strong seller's market, based on 2.1 months of supply and homes selling in about 10 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
10
Fast-moving
Active listings
27
2.1 months supply
Sale-to-list
108.8%
Above asking
What does the Short Hills housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $2.20M |
| Median list price | $2.62M |
| Year-over-year price change | -3.3% |
| Average days on market | 10 days |
| Active inventory | 27 listings |
| Months of supply | 2.1 months |
| Sale-to-list price ratio | 108.8% |
| Median price per sq ft | $767/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 26 |
| Listings with a price cut | 14.8% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Short Hills by property type?
How the Short Hills, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $2.20M | $767/sq ft | 13 | 10 days |
Source: Redfin · Updated monthly
The Short Hills housing market is currently classified as a strong seller's market with a median sale price of $2.20M. Prices have fallen 3.3% compared to last year, with homes spending an average of 10 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 9.8x provides context for how home values compare to local earning capacity.
Homes for sale in Short Hills
There are currently 27 homes listed for sale in Short Hills, New Jersey. The median listing price is $2.6M.
Active listings
27
Homes on market
Median list price
$2.6M
Avg. days on market
10
Days until sale
New this week
26
Newly listed
Who lives in Short Hills?
Population
14,398
Median income
$250,001/yr
Median age
40.9 years
Owner-occupied
87.6%
College grads
90.0%
Avg commute
44.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Short Hills?
Zillow home value
$2.45M
Zillow rent index
$6,365/mo
Price-to-rent ratio
32.0x
Price-to-income
9.8x
Source: Zillow Research
What is it like to live in Short Hills?
Short Hills is a community of approximately 14K residents with a median age of 40.9 years.The median household income is $250,001, which reflects a relatively affluent area with strong earning potential. 90.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 87.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 44.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Short Hills offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Short Hills?
3 schools tracked · 1,153 students
The largest public schools serving Short Hills, 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.
Hartshorn School
Grades K-4 · 428 students
Deerfield School
Grades K-4 · 376 students
Glenwood School
Grades K-4 · 349 students
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 Short Hills, NJ?
Want a head-to-head view? Compare Short Hills side-by-side with any other U.S. city using our market-comparison tool.
Is Short Hills a good real estate investment market?
For investors evaluating Short Hills, the price-to-rent ratio of 32.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 3.3% 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 Short Hills's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Short Hills's median home price.
Frequently asked questions
What is the average home price in Short Hills?
The median home sale price in Short Hills is $2.20M, down 3.3% from last year.
How long do homes stay on market in Short Hills?
Homes typically spend 10 days on market before going under contract.
What is the median income in Short Hills?
The median household income is $250,001 per year.
Is Short Hills a buyer's or seller's market?
With 2.1 months of supply, Short Hills is currently a strong seller's market.
What is the Zillow home value estimate for Short Hills?
The Zillow Home Value Index (ZHVI) for Short Hills is $2.45M, representing the typical home value in the area.
How much does a single-family home cost in Short Hills?
The median single-family home price in Short Hills, NJ is $2.20M (about $767 per square foot).
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