Unshakable ZIP Data 07503 | Paterson, NJ Housing Market
Paterson · Passaic County · New York-Newark-Jersey City, NY-NJ-PA metro · New Jersey · Data updated June 19, 2026
The median sale price in ZIP 07503, Paterson, New Jersey is $644,809 at $194 per square foot. 10 single-family homes sold in the latest period, down 48.5 percent from a year earlier. Homes sit a median of 63 days on market with 9.2 months of supply. Sellers are getting 100.1 percent of list price and 40.0 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $570,084 | |
| Average price per sq ft | $172 | |
| Median sale price | $644,809 | |
| Median sale price per sq ft | $194 | |
| Median home size | 3,316 sq ft | |
| Median new listing price | $594,815 | -7.3% |
| National size rank | 6,164 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 10 | -48.5% |
| Median days on market | 63 days | |
| Months of supply | 9.2 months | |
| New listings | 41 | +84.6% |
| Active listings | 52 | +29.1% |
| Pending sales | 22 | +23.9% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 100.1% | -3.6 pts |
| Share sold above list | 40.0% | -35.0 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
3-bedroom
$533,420
These figures describe the single-family market for Paterson, New Jersey ZIP 07503. They are market context, not a substitute for sold comps or a formal appraisal.