Market Summary

South Orange, Essex County, NJ

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Median Home Price Price

$1,015,134 $1M

Median Monthly Rent Rent

$2,938 $2.9K

GRM

28.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Essex County

Region Price Rent GRM Display
$881,617 $2,877 25.0x
$1,055,770 $2,760 32.0x
$703,964 $2,767 21.0x
$781,609 $4,215 15.0x
$1,150,931 $2,589 37.0x
$1,009,183 $3,795 22.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NJ outside of Essex County

Region Price Rent GRM Display
$1,087,016 $3,495 26.0x
$957,569 $2,833 28.0x
$1,104,999 $3,210 29.0x
$343,012 $1,445 20.0x
$440,425 $2,474 15.0x
$310,326 $1,563 16.0x
$427,524 $2,389 15.0x
$1,164,767 $2,995 32.0x
$538,677 $2,771 16.0x
$968,032 $2,481 32.0x
$654,356 $2,684 20.0x
$515,022 $2,501 17.0x
$1,148,667 $2,417 40.0x
$950,091 $3,993 20.0x
$481,006 $3,142 13.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NJ

Region Price Rent GRM Display
$215,835 $1,090 16.0x
$1,144,343 $2,313 41.0x
$491,471 $1,876 22.0x
$598,138 $3,046 16.0x
$116,105 $1,054 9.0x
$1,274,156 $4,406 24.0x
$1,134,886 $2,948 32.0x
$226,080 $1,043 18.0x
$213,806 $1,008 18.0x
$206,320 $820 21.0x
$976,700 $2,793 29.0x
$195,588 $933 17.0x
$1,225,391 $2,992 34.0x
$1,158,269 $2,895 33.0x
$1,360,792 $2,762 41.0x
$908,328 $1,854 41.0x
$176,590 $811 18.0x
$1,189,749 $3,044 32.0x
$585,209 $2,218 22.0x
$1,789,479 $3,148 48.0x
$171,577 $868 17.0x

Home prices

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Monthly rent

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GRM

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South Orange

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Trend Insights

Median Rent in South Orange, NJ is $2,938, with MoM change +$39 and YoY change +$310 pointing to positive momentum while volatility is low (std $82).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against South Orange, NJ.

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Metric
Base market South Orange, NJ
Compare market Select a market
Delta vs base
Median rent
$2,938
N/A
Median price
$1,015,134
N/A
YoY change
+$310
N/A
Price-to-rent
28.8x
Data unavailable
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