Allison Ziefert's Market Reports

South Orange, NJ 07079

Single-Family Homes

Allison Ziefert Real Estate Group | allison@azhomesnj.com | 973.310.6816


South Orange, NJ 07079

Tue Oct 14 2025
This week the median list price for South Orange, NJ 07079 is $899,000 with the market action index hovering around 53. This is an increase over last month's market action index of 49. Inventory has held steady at or around 15. Click here to stay informed with the South Orange market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

South Orange, NJ 07079

Tue Oct 14 2025
This week the median list price for South Orange, NJ 07079 is $899,000 with the market action index hovering around 53. This is an increase over last month's market action index of 49. Inventory has held steady at or around 15. Click here to stay informed with the South Orange market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the South Orange market.
Median List Price $899,000
Median Price of New Listings $1,072,500
Per Square Foot $280
Average Days on Market 60
Median Days on Market 28
Price Decreased 13%
Price Increased 0%
Relisted 27%
Inventory 15
Median Rent
Market Action 53
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,174,500 0 0.25 - 0.5 acre 5 4 114 1 1 31
$899,500 0 8,000 - 10,000 sqft 4 3.8 79 0 1 119
$874,500 3,200 6,500 - 8,000 sqft 4 2.8 100 1 1 7
$599,000 0 4,500 - 6,500 sqft 4 1.8 101 0 1 28