Zip Code: 07078 (Short Hills, New Jersey) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the 07078 Zip Code (Short Hills, New Jersey) in February 2026 was $2,262,820.441. The month over month percentage change (MoM) was 0.51%, and the year over year percentage change (YoY) was 6.99%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 07078 zip code (Short Hills, New Jersey). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 07078 zip code (Short Hills, New Jersey).

You can see similar information for other New Jersey zip codes, and for New Jersey.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Data Source: Zillow.
Zip Code: 07078 (Short Hills, New Jersey) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 07078 (Short Hills, New Jersey) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1409304.762981318 0.68 6.58
Feb 2015 1415109.1567159004 0.41 5.97
Mar 2015 1416933.2785007248 0.13 4.94
Apr 2015 1414086.3557290675 -0.20 3.52
May 2015 1411167.2909685327 -0.21 2.31
Jun 2015 1407938.8709834486 -0.23 1.61
Jul 2015 1408897.119722259 0.07 1.63
Aug 2015 1413896.8418591304 0.36 2.18
Sep 2015 1422996.910989018 0.64 2.81
Oct 2015 1430965.3880707647 0.56 3.22
Nov 2015 1436686.1572744027 0.40 3.27
Dec 2015 1442770.8027043839 0.42 3.07
Jan 2016 1449065.8748325154 0.44 2.82
Feb 2016 1456803.15437877 0.53 2.95
Mar 2016 1459711.0724530315 0.20 3.02
Apr 2016 1462198.8434031282 0.17 3.40
May 2016 1460126.732629954 -0.14 3.47
Jun 2016 1455408.0935375441 -0.32 3.37
Jul 2016 1447991.7377421905 -0.51 2.78
Aug 2016 1440180.0921953022 -0.54 1.86
Sep 2016 1432999.2164681284 -0.50 0.70
Oct 2016 1430478.6485453642 -0.18 -0.03
Nov 2016 1431647.693108828 0.08 -0.35
Dec 2016 1437329.3512851493 0.40 -0.38
Jan 2017 1440475.2889702239 0.22 -0.59
Feb 2017 1442527.3412736524 0.14 -0.98
Mar 2017 1443715.8216904309 0.08 -1.10
Apr 2017 1447685.1986092795 0.28 -0.99
May 2017 1450079.6457926584 0.17 -0.69
Jun 2017 1457828.9696196013 0.53 0.17
Jul 2017 1466475.7009462554 0.59 1.28
Aug 2017 1476570.4649102064 0.69 2.53
Sep 2017 1478121.6034383674 0.11 3.15
Oct 2017 1472877.364492678 -0.35 2.96
Nov 2017 1468972.645642307 -0.26 2.61
Dec 2017 1471296.3562792204 0.16 2.36
Jan 2018 1480365.9576700625 0.62 2.77
Feb 2018 1487502.383263141 0.48 3.12
Mar 2018 1489937.4922276114 0.16 3.20
Apr 2018 1490659.0585270633 0.05 2.97
May 2018 1492022.6109801235 0.09 2.89
Jun 2018 1490515.5515343035 -0.10 2.24
Jul 2018 1483049.4860022801 -0.50 1.13
Aug 2018 1471069.0667917442 -0.81 -0.37
Sep 2018 1460010.3709578712 -0.75 -1.23
Oct 2018 1449179.6212662642 -0.74 -1.61
Nov 2018 1443839.9990894 -0.37 -1.71
Dec 2018 1439481.1733152957 -0.30 -2.16
Jan 2019 1439134.4551790152 -0.02 -2.78
Feb 2019 1435438.3505573478 -0.26 -3.50
Mar 2019 1433274.0656414188 -0.15 -3.80
Apr 2019 1431336.5720253421 -0.13 -3.98
May 2019 1428447.6624290284 -0.20 -4.26
Jun 2019 1423412.2503425188 -0.35 -4.50
Jul 2019 1412766.5503084902 -0.75 -4.74
Aug 2019 1398883.5884961423 -0.98 -4.91
Sep 2019 1382521.5583278611 -1.17 -5.31
Oct 2019 1370199.7895710713 -0.89 -5.45
Nov 2019 1361178.933480237 -0.66 -5.72
Dec 2019 1355177.5103478534 -0.44 -5.86
Jan 2020 1351307.275239662 -0.29 -6.10
Feb 2020 1350952.1750281944 -0.03 -5.89
Mar 2020 1353345.208079869 0.18 -5.58
Apr 2020 1355787.8566178593 0.18 -5.28
May 2020 1355485.0967349065 -0.02 -5.11
Jun 2020 1351255.0046344001 -0.31 -5.07
Jul 2020 1343938.8243859073 -0.54 -4.87
Aug 2020 1341857.7587249544 -0.15 -4.08
Sep 2020 1345455.0575947154 0.27 -2.68
Oct 2020 1358000.3637771816 0.93 -0.89
Nov 2020 1377845.338604092 1.46 1.22
Dec 2020 1403394.5520894919 1.85 3.56
Jan 2021 1428168.4847928293 1.77 5.69
Feb 2021 1452079.9832032518 1.67 7.49
Mar 2021 1471829.5237089808 1.36 8.76
Apr 2021 1494879.1625508638 1.57 10.26
May 2021 1516339.262486254 1.44 11.87
Jun 2021 1540828.7501606743 1.62 14.03
Jul 2021 1561399.4676209853 1.34 16.18
Aug 2021 1573677.8508573773 0.79 17.28
Sep 2021 1580361.4580756414 0.43 17.46
Oct 2021 1583080.3181959663 0.17 16.57
Nov 2021 1593933.9058750225 0.69 15.68
Dec 2021 1609214.4961359547 0.96 14.67
Jan 2022 1628297.492828343 1.19 14.01
Feb 2022 1648194.340827858 1.22 13.51
Mar 2022 1672251.8347949323 1.46 13.62
Apr 2022 1700325.49986032 1.68 13.74
May 2022 1731394.1056433364 1.83 14.18
Jun 2022 1760052.585570655 1.66 14.23
Jul 2022 1780938.022835971 1.19 14.06
Aug 2022 1785882.2781953048 0.28 13.49
Sep 2022 1778598.828675154 -0.41 12.54
Oct 2022 1769799.6991395869 -0.49 11.80
Nov 2022 1767179.4711783759 -0.15 10.87
Dec 2022 1773149.7603095472 0.34 10.19
Jan 2023 1782355.878662902 0.52 9.46
Feb 2023 1801746.2436928593 1.09 9.32
Mar 2023 1812915.7511778856 0.62 8.41
Apr 2023 1817482.0103784492 0.25 6.89
May 2023 1815153.142107508 -0.13 4.84
Jun 2023 1827799.494193526 0.70 3.85
Jul 2023 1850764.4813796796 1.26 3.92
Aug 2023 1871403.2785481226 1.12 4.79
Sep 2023 1886028.8774760906 0.78 6.04
Oct 2023 1900179.9085948898 0.75 7.37
Nov 2023 1914762.3761828637 0.77 8.35
Dec 2023 1930678.586643014 0.83 8.88
Jan 2024 1945993.8282383003 0.79 9.18
Feb 2024 1965736.5897328698 1.01 9.10
Mar 2024 1991199.6751039054 1.30 9.83
Apr 2024 2025613.698749628 1.73 11.45
May 2024 2059765.989225586 1.69 13.48
Jun 2024 2081664.013288877 1.06 13.89
Jul 2024 2085805.721939979 0.20 12.70
Aug 2024 2082783.2976857882 -0.14 11.30
Sep 2024 2084834.9987887226 0.10 10.54
Oct 2024 2094146.1023344193 0.45 10.21
Nov 2024 2107388.3338306914 0.63 10.06
Dec 2024 2112936.9508285704 0.26 9.44
Jan 2025 2114691.5573091083 0.08 8.67
Feb 2025 2115036.227043386 0.02 7.60
Mar 2025 2123796.1216995637 0.41 6.66
Apr 2025 2138265.7808682937 0.68 5.56
May 2025 2151934.596798411 0.64 4.47
Jun 2025 2159452.0550852288 0.35 3.74
Jul 2025 2167977.992503023 0.40 3.94
Aug 2025 2174703.1171062333 0.31 4.41
Sep 2025 2188233.308712231 0.62 4.96
Oct 2025 2199789.149294851 0.53 5.05
Nov 2025 2218106.2270459314 0.83 5.25
Dec 2025 2233705.994524366 0.70 5.72
Jan 2026 2251363.614490488 0.79 6.46
Feb 2026 2262820.441092595 0.51 6.99