Market Overview
Home Prices in South Orange, NJ
The median home value in South Orange, NJ is $1,122,798 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.9% compared to a year ago and up 6.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in South Orange are priced174% above average. South Orange is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, South Orange home values have risen by approximately43.8%, reflecting strong long-term appreciation in this market.
Price History
South Orange Home Price Trend
City Comparison
South Orange vs. National Median
At $1,122,798, homes in South Orange cost 174% above the national median of $410,000. Buyers in South Orange should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in South Orange?
20% Down Payment
$224,560
on $1,122,798
Monthly P&I
$5,856/mo
30-yr @ 6.8%
Total Monthly Est.
~$7,437/mo
incl. taxes & insurance
Income Needed
$297,480
gross annual (30% rule)
10% Down Option
$112,280
+ PMI applies
Loan Amount (20% dn)
$898,238
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in South Orange, NJ?
The median home value in South Orange is $1,122,798 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.9% year-over-year.
How much have home prices changed in South Orange?
Over the past year, home values in South Orange have increased by 4.9%. Over five years, prices have risen approximately 43.8%.
How much do I need to earn to buy a home in South Orange?
To comfortably afford the median home price of $1,122,798 with a 20% down payment ($224,560) at today's rates (6.8%), you'd need a gross annual income of approximately $297,480. This assumes keeping total housing costs at or below 30% of gross income.
How does South Orange compare to the national average home price?
The national median home value is approximately $410,000. At $1,122,798, homes in South Orange are 174% above the national average.
What metro area is South Orange part of?
South Orange is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.