The Unshakable Investor

Unshakable ZIP Data 07524 | 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 07524, Paterson, New Jersey is $539,840 at $292 per square foot. 8 single-family homes sold in the latest period, down 36.6 percent from a year earlier. Homes sit a median of 83 days on market with 7.6 months of supply. Sellers are getting 104.2 percent of list price and 62.5 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$539,333
Average price per sq ft$292
Median sale price$539,840
Median sale price per sq ft$292
Median home size1,850 sq ft
Median new listing price$644,392+7.4%
National size rank8,166

Sales activity

MetricValueYear over year
Homes sold8-36.6%
Median days on market83 days
Months of supply7.6 months
New listings22+24.1%
Active listings42+15.4%
Pending sales18+82.5%

Pricing power

MetricValueYear over year
Average sale-to-list ratio104.2%-0.5 pts
Share sold above list62.5%+8.7 pts

These figures describe the single-family market for Paterson, New Jersey ZIP 07524. They are market context, not a substitute for sold comps or a formal appraisal.