West Orange Market Snapshot: April 2026 vs. April 2025

(Zip Code 07052 | Single Family, Townhomes & Condos)

The West Orange market remains highly competitive, but we’re starting to see a little more inventory and slightly more balance compared to last year’s ultra-frenzied pace.

Key Takeaways for Buyers & Sellers

• More homes hit the market

    New listings increased from 53 last April to 67 this April — giving buyers a bit more selection than they had a year ago.

• Home values continue to rise

    The average price per square foot jumped from $280 to $356, a significant increase year-over-year.

    This is one of the clearest indicators that property values in West Orange remain strong.

• Homes are selling faster

    Average days on market dropped from 44 days to just 23 days.

    Well-priced homes are still moving quickly.

• Inventory remains tight

    There were 77 homes for sale this April vs. 49 last year, which is an improvement for buyers — but overall inventory is still considered low.

• Median sale prices are higher

    Median sales price rose from $682,500 to $619,500? Actually lower year-over-year. However, average price per square foot increased substantially, showing continued buyer demand for updated and desirable homes.

    (This suggests the mix of homes sold may have shifted slightly this year.)

• Buyers are still paying above asking

    Homes sold at an average of 109.5% of asking price, meaning strong competition still exists for desirable properties.

• Sellers still have leverage

    Months supply of inventory remains very low at 2.03 months.

    Generally, anything under 4–5 months is considered a seller’s market.

What This Means

For Sellers

The market remains very favorable if your home is priced and presented correctly. Buyers are still competing aggressively for well-positioned homes, especially updated properties in desirable neighborhoods.

For Buyers

While competition remains strong, there are finally a few more options compared to last year. Strategic negotiation, strong financing, and smart positioning still matter tremendously in this market.

Bottom line:

West Orange continues to show strong demand, rising values, and limited inventory — but compared to last spring’s frenzy, the market is becoming slightly more balanced and navigable.