Passaic, NJ—07055
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$560,000
1.6% YoY Growth
Household Income
$56,800
56.5% YoY Growth
Days on Market
30
28.0% Shorter YoY
Home Price Forecast
0.9%
Median Rent
$2,200
0.4% YoY Growth
1-Bed Rent
$1,700
1.1% YoY Growth
2-Bed Rent
$2,150
0.9% YoY Growth
3-Bed Rent
$2,650
3.0% YoY Growth
Home Price Trends — Passaic, NJ
As of May '26, the median home price in Passaic, NJ is $560,000, with a year-over-year change of 1.6%. This indicates that home prices in Passaic, NJ are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $560,000 | 1.6% |
| Single Family | $618,000 | 1.1% |
| Condos | $343,000 | 6.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |