Paterson, NJ—07502
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$527,000
2.8% YoY Growth
Household Income
$68,600
23.2% YoY Growth
Days on Market
61
24.0% Shorter YoY
Home Price Forecast
1.9%
Median Rent
$2,400
4.4% YoY Growth
1-Bed Rent
$1,700
1.2% YoY Growth
2-Bed Rent
$2,400
4.3% YoY Growth
3-Bed Rent
$2,500
14.2% YoY Growth
Home Price Trends — Paterson, NJ
As of Dec '25, the median home price in Paterson, NJ is $527,000, with a year-over-year change of 2.8%. This indicates that home prices in Paterson, NJ are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $527,000 | 2.8% |
| Single Family | $529,000 | 2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |