Paterson, NJ—07504
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$561,000
5.2% YoY Growth
Household Income
$67,300
14.4% YoY Growth
Days on Market
23
1.0% Longer YoY
Home Price Forecast
2.2%
Median Rent
$2,250
9.1% YoY Growth
1-Bed Rent
$1,410
N/A
2-Bed Rent
$2,000
8.3% YoY Growth
3-Bed Rent
$2,250
5.2% YoY Growth
Home Price Trends — Paterson, NJ
As of Dec '25, the median home price in Paterson, NJ is $561,000, with a year-over-year change of 5.2%. This indicates that home prices in Paterson, NJ are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $561,000 | 5.2% |
| Single Family | $562,000 | 4.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |