The Good Life Group's Market Report
West Orange, NJ 07052
Single-Family Homes
Amy Paternite | 917-442-5130 and Ben Garrison | 917-940-3158
West Orange, NJ 07052
Wed Apr 08 2026
This week the median list price for West Orange, NJ 07052 is $694,000 with the market action index hovering around 47. This is an increase over last month's market action index of 45. Inventory has increased to 47.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Real-Time Market Profile
| Median List Price | $694,000 | |
| Median Price of New Listings | $614,000 | |
| Per Square Foot | $355 | |
| Average Days on Market | 60 | |
| Median Days on Market | 21 | |
| Price Decreased | 13% | |
| Price Increased | 0% | |
| Relisted | 28% | |
| Inventory | 47 | |
| Median Rent | ||
| Market Action | 47 | |
| Strong Seller's Market | ||
We continue to see prices in this zip code at a plateau even though prices dipped this week. Look for a persistent change in the Market Action Index (up or down) before we see prices significantly deviate from these levels.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $969,499 | 3,807 | 4,500 - 6,500 sqft | 4 | 3.5 | 76 | 2 | 3 | 38 |
| $749,500 | 0 | 4,500 - 6,500 sqft | 3 | 2.8 | 74 | 2 | 4 | 14 |
| $611,999 | 1,684 | 4,500 - 6,500 sqft | 3 | 2.3 | 86 | 4 | 1 | 7 |
| $525,000 | 1,443 | 0 - 4,500 sqft | 3 | 1.5 | 101 | 4 | 1 | 28 |