Paterson, NJ—07522
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$472,000
3.7% YoY Growth
Household Income
$48,000
43.1% YoY Growth
Days on Market
80
20.0% Shorter YoY
Home Price Forecast
1.8%
Median Rent
$2,250
4.6% YoY Growth
1-Bed Rent
$1,900
25.3% YoY Growth
2-Bed Rent
$1,950
6.4% YoY Growth
3-Bed Rent
$2,400
6.1% YoY Growth
Home Price Trends — Paterson, NJ
As of Dec '25, the median home price in Paterson, NJ is $472,000, with a year-over-year change of 3.7%. This indicates that home prices in Paterson, NJ are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $472,000 | 3.7% |
| Single Family | $485,000 | 2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |