Housing in Short Hills, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$4,000,000
Median List Price
$2,849,000
Price Per Sq Ft
$735
Days on Market
10
Active Inventory
25
Months of Supply
8.3
Buyer's market
Zillow Home Value
$2,258,188
ZHVI — January 2026
Zillow Rent Index
$5,618
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
33.3%
Off Market in 2 Weeks
50.0%
Sale-to-List Ratio
100.6%
Seller's market
Market Activity
Source: RedfinHomes Sold
3
New Listings
16
Pending Sales
4
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$735
Median List $/SF
$738
Short Hills vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Short Hills is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$1,621,200
Median Rent
$3,259
Total Housing Units
4,508
Vacancy Rate
0.3%
Owner Occupied
87.6%
Renter Occupied
12.4%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$4,001
Housing Types
The current median sale price in Short Hills, NJ is $4,000,000 according to Redfin data. Homes spend a median of 10 days on the market. 33.3% of homes sold above asking price. The market has 8.3 months of supply. The median price per square foot is $735. Zillow's observed rent index is $5,618/month. About 87.6% of housing units are owner-occupied. The median year homes were built is 1957. There are 4,508 total housing units.