Is East Orange, NJ 07017 a buyer’s or seller’s market?

The East Orange housing market right now

In the three months ending August 31, 2026, 72% of homes in East Orange, NJ 07017 sold above their list price, the typical home went under contract in 64 days and there were 5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 48 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 53%, homes sold faster (73 days then) and the median sale price rose 16% to $654,717. Overall, East Orange is more competitive than a year ago, so tougher for buyers.

Within Essex County, homes here sell more slowly than in 70% of the county’s ZIP codes, and sell more often over asking than in 63%. On our competition score, East Orange ranks #330 of 444 NJ ZIP codes with enough sales (score 66 out of 100).

Nearby, buyers who want less competition could look at Newark 07102 (25% sold over asking) or Essex Fells 07021 (33% sold over asking), while Glen Ridge 07028 (100% sold over asking) and Montclair 07043 (94% sold over asking) are even more competitive.