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Fayette Avenue Hoffman Grove Lionshead Lake (LionsHead Lake) Old Wayne Packanack Lake Pines Lake Pompton Lake Preakness Toms Lake (Tom's Lake)

WAYNE, NJ 07470

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 07470

Fayette Avenue · Hoffman Grove · Lionshead Lake (LionsHead Lake) · Old Wayne · Packanack Lake · Pines Lake · Pompton Lake · Preakness · Toms Lake (Tom's Lake)

Market Analysis

Data as of February 2026. Source: Realtor.com.

The WAYNE, NJ real estate market (07470) currently shows 82 active listings, with 43 pending sales. Homes are averaging 29 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 29 days on market compared to 24 days last year.

The median listing price has risen 2% year-over-year, from $673,475 to $686,661.

Whether you are buying or selling in WAYNE, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 54,557  ·  Density: 882.3/mi²  ·  Median household income: $147,740

Typical home value: $565,007  ·  Homeownership: 77.9%

Market Overview

Active Listings
82
⇧ 13.9% vs 72 last year
Pending
43
52% pending ratio
Median Price
$686,661
⇧ 2% vs $673,475 last year
Average Price
$786,786
⇩ 0.8% vs $793,520 last year
Days on Market
29
⇧ 20.8% vs 24 days last year

Price Per Square Foot

Median $/sqft
$333
⇩ 1.8% vs $339/sqft last year
Median Home Size
2,158 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 82 this year vs 72 last year
  • Days on market: 29 now vs 24 last year

Median & Average Pricing

Year over Year
  • Median: $686,661 (+2% YoY)
  • Average: $786,786 (-0.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.3 miles — 266 listings ($275,683,718 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07470Wayne, NJ 074700.0 mi84$62,086,752$692,000$739,128
07508Haledon, NJ 075083.2 mi25$18,534,525$649,444$741,381
07502Paterson, NJ 075023.3 mi12$7,220,400$550,000$601,700
07444Pompton Plains, NJ 074443.5 mi12$5,705,316$524,950$475,443
07442Pompton Lakes, NJ 074424.3 mi21$12,509,658$599,000$595,698
07501Paterson, NJ 075014.6 mi18$6,866,586$395,000$381,477
07417Franklin Lakes, NJ 074174.6 mi27$85,742,496$2,990,000$3,175,648
07524Paterson, NJ 075244.7 mi2$665,000$332,500$332,500
07481Wyckoff, NJ 074815.4 mi14$26,613,986$1,537,500$1,900,999
07004Fairfield, NJ 070045.5 mi10$8,396,700$779,000$839,670
07436Oakland, NJ 074365.8 mi21$18,134,151$750,000$863,531
07503Paterson, NJ 075035.9 mi6$2,151,000$335,000$358,500
07452Glen Rock, NJ 074526.3 mi14$21,057,148$1,499,000$1,504,082

Frequently Asked Questions

How many homes are for sale in WAYNE, NJ 07470?

As of February 2026, there are 82 active listings in WAYNE, NJ (zip code 07470), compared to 72 the prior year.

What is the median home price in WAYNE, NJ 07470?

The median listing price in WAYNE, NJ 07470 is $686,661 as of February 2026, a 2% increase from $673,475 the prior year.

How long do homes stay on the market in WAYNE, NJ?

Homes in WAYNE, NJ 07470 spend an average of 29 days on the market before going under contract, compared to 24 days the prior year.

Is it a seller's or buyer's market in WAYNE, NJ 07470?

Based on current inventory and days-on-market data as of February 2026, WAYNE, NJ 07470 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 29 days on market compared to 24 days last year.

How much can I save on real estate commission in WAYNE, NJ?

With SELL123.com's maximum 3% commission, sellers in WAYNE, NJ 07470 save an estimated $13,733 compared to a typical 5% commission on the median listing price of $686,661. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.