Is East Orange, NJ 07018 a buyer’s or seller’s market?

The East Orange housing market right now

In the three months ending August 31, 2026, 70% of homes in East Orange, NJ 07018 sold above their list price, the typical home went under contract in 93 days and there were 4.8 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 38 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 79%, homes sold more slowly (58 days then) and the median sale price held steady to $534,769. Overall, East Orange is less competitive than a year ago, which gives buyers more room.

Within Essex County, homes here sell more slowly than in 93% of the county’s ZIP codes, and sell more often over asking than in 53%. On our competition score, East Orange ranks #336 of 444 NJ ZIP codes with enough sales (score 64 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.