Is South Orange, NJ 07079 a buyer’s or seller’s market?

The South Orange housing market right now

In the three months ending August 31, 2026, 79% of homes in South Orange, NJ 07079 sold above their list price, the typical home went under contract in 15 days and there was 1 month of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 79 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 70%, homes sold faster (20 days then) and the median sale price rose 38% to $1,182,488. Overall, South Orange is more competitive than a year ago, so tougher for buyers.

Within Essex County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, South Orange ranks #10 of 444 NJ ZIP codes with enough sales (score 98 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.