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South Orange, NJ Real Estate & Property Data

South Orange Real Estate Market Trends

Last Updated: April 24, 2024

Accurate and comprehensive real estate data is critical for insight into South Orange, NJ. ATTOM’s South Orange real estate data is updated daily, and current market trends show that in South Orange, NJ a total of 212 residential properties have sold over the past year. With a median home price of $805,000 in South Orange and a total of 3 foreclosures. Get detailed property data for South Orange, NJ instantly. ATTOM is your one-stop-shop for the South Orange property reports and real estate data you need in South Orange, NJ.

South Orange Real Estate Market Trends

Get property data for any address in South Orange, NJ or the country:

Total Residential Properties 4,444

Total Commercial Properties 169

Avg. Home Age (Single Family Home) 89 Years

Avg. Square Feet (Single Family Home) 2,655

Total 2024 Residential Sales (year-to-date) 22

% of Homes Seriously Underwater (Q2 2024) 0.47%

Total 2023 Residential Sales 200

% of Equity Rich Homes (Q2 2024) 49.01%

Effective 2023 Property Tax 2.09%

Total Foreclosure Filings (year-to-date) 5

South Orange, NJ Real Estate Overview

There were 212 residential properties sold in the past year in South Orange, NJ. The median home value in South Orange, NJ is $913,900. There are a total of 4,444 residential properties in the South Orange.

Median Sales Price i

$805,000

(Feb 2024)

-17.4%

year-over-year

y-o-y

February '24 Feb '24 $805,000
January '24 Jan '24 $1,020,000
December '23 Dec '23 $1,162,500
November '23 Nov '23 $1,078,000
October '23 Oct '23 $971,000
September '23 Sep '23 $867,000
August '23 Aug '23 $997,000
July '23 Jul '23 $999,000
June '23 Jun '23 $986,000
May '23 May '23 $956,000
April '23 Apr '23 $830,000
March '23 Mar '23 $974,999

Median Down Payment i

$190,000

(Feb 2024)

-3.2%

year-over-year

y-o-y

February '24 Feb '24 $190,000
January '24 Jan '24 $299,625
December '23 Dec '23 $227,500
November '23 Nov '23 $215,600
October '23 Oct '23 $255,000
September '23 Sep '23 $308,550
August '23 Aug '23 $236,200
July '23 Jul '23 $273,000
June '23 Jun '23 $243,250
May '23 May '23 $180,000
April '23 Apr '23 $211,500
March '23 Mar '23 $199,462

Number of Homes Sold i

9

(Feb 2024)

+80%

year-over-year

y-o-y

February '24 Feb '24 9
January '24 Jan '24 13
December '23 Dec '23 14
November '23 Nov '23 8
October '23 Oct '23 24
September '23 Sep '23 23
August '23 Aug '23 27
July '23 Jul '23 20
June '23 Jun '23 19
May '23 May '23 18
April '23 Apr '23 15
March '23 Mar '23 17

Number of Purchase Loans i

5

(Feb 2024)

+25%

year-over-year

y-o-y

February '24 Feb '24 5
January '24 Jan '24 10
December '23 Dec '23 10
November '23 Nov '23 7
October '23 Oct '23 17
September '23 Sep '23 17
August '23 Aug '23 21
July '23 Jul '23 16
June '23 Jun '23 13
May '23 May '23 15
April '23 Apr '23 11
March '23 Mar '23 13

Number of REFI Loans i

3

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 3
December '23 Dec '23 7
November '23 Nov '23 3
October '23 Oct '23 7
September '23 Sep '23 5
August '23 Aug '23 7
July '23 Jul '23 4
June '23 Jun '23 2
May '23 May '23 6
April '23 Apr '23 5
March '23 Mar '23 5

Number of HELOC Loans i

8

(Feb 2024)

-11.1%

year-over-year

y-o-y

February '24 Feb '24 8
January '24 Jan '24 3
December '23 Dec '23 5
November '23 Nov '23 9
October '23 Oct '23 6
September '23 Sep '23 9
August '23 Aug '23 13
July '23 Jul '23 10
June '23 Jun '23 5
May '23 May '23 7
April '23 Apr '23 11
March '23 Mar '23 7

South Orange, NJ Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

07079
$913,900 $344.17/sqft

South Orange, NJ Foreclosure Activity

There were a total of 3 South Orange, NJ properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

3

(Feb 2024)

+200%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 2
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 3
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 3
June '23 Jun '23 1
May '23 May '23 8
April '23 Apr '23 1
March '23 Mar '23 3

Foreclosure Starts i

2

(Feb 2024)

+100%

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 2
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 1
May '23 May '23 4
April '23 Apr '23 1
March '23 Mar '23 3

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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