Call or Text (240) SELL-123
Bunker Hill Riverside

PATERSON, NJ 07524

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 07524

Bunker Hill · Riverside

Market Analysis

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

The PATERSON, NJ real estate market (07524) currently shows 3 active listings. Homes are averaging 60 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 60 days on market compared to 99 days last year.

The median listing price has risen 26.7% year-over-year, from $297,062 to $376,250.

Whether you are buying or selling in PATERSON, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for PATERSON, NJ 07524 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 15,139  ·  Density: 7,708.6/mi²  ·  Median household income: $47,889

Typical home value: $353,185  ·  Homeownership: 25.1%

Market Overview

Active Listings
3
⇧ 200% vs 1 last year
Pending
0
0% pending ratio
Median Price
$376,250
⇧ 26.7% vs $297,062 last year
Average Price
$360,250
⇧ 21.3% vs $297,062 last year
Days on Market
60
⇩ 39.4% vs 99 days last year

Price Per Square Foot

Median $/sqft
$304
Median Home Size
805 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 1 last year
  • Days on market: 60 now vs 99 last year

Median & Average Pricing

Year over Year
  • Median: $376,250 (+26.7% YoY)
  • Average: $360,250 (+21.3% 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 4.6 miles — 212 listings ($169,101,989 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07524Paterson, NJ 075240.0 mi2$665,000$332,500$332,500
07522Paterson, NJ 075221.3 mi7$2,685,669$332,500$383,667
07501Paterson, NJ 075011.6 mi18$6,866,586$395,000$381,477
07506Hawthorne, NJ 075061.8 mi21$14,411,544$634,999$686,264
07410Fair Lawn, NJ 074102.1 mi30$23,205,090$750,000$773,503
07502Paterson, NJ 075022.2 mi12$7,220,400$550,000$601,700
07452Glen Rock, NJ 074522.5 mi14$21,057,148$1,499,000$1,504,082
07011Clifton, NJ 070113.7 mi18$9,990,828$537,450$555,046
07512Totowa, NJ 075123.9 mi22$24,190,738$836,950$1,099,579
07424Little Falls, NJ 074244.2 mi31$19,223,100$650,000$620,100
07432Midland Park, NJ 074324.4 mi5$3,125,900$647,000$625,180
07026Garfield, NJ 070264.5 mi18$9,846,000$578,500$547,000
07481Wyckoff, NJ 074814.6 mi14$26,613,986$1,537,500$1,900,999

Frequently Asked Questions

How many homes are for sale in PATERSON, NJ 07524?

As of February 2026, there are 3 active listings in PATERSON, NJ (zip code 07524), compared to 1 the prior year.

What is the median home price in PATERSON, NJ 07524?

The median listing price in PATERSON, NJ 07524 is $376,250 as of February 2026, a 26.7% increase from $297,062 the prior year.

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

Homes in PATERSON, NJ 07524 spend an average of 60 days on the market before going under contract, compared to 99 days the prior year.

Is it a seller's or buyer's market in PATERSON, NJ 07524?

Based on current inventory and days-on-market data as of February 2026, PATERSON, NJ 07524 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 60 days on market compared to 99 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PATERSON, NJ 07524 save an estimated $7,525 compared to a typical 5% commission on the median listing price of $376,250. 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.