Paterson, NJ Housing Market Trends

Market Overview for Q3 2026

$560K 4.1% Y-o-Y $22K Y-o-Y
$281 -3.4% Y-o-Y -$10 Y-o-Y
154 -32.2% Y-o-Y -73 Y-o-Y
$648K 16% Y-o-Y $92K Y-o-Y
Paterson, NJ Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $370,000 $395,000 $380,000 $410,000
2023 $410,000 $408,000 $430,000 $450,000
2024 $440,000 $460,000 $500,000 $500,000
2025 $518,000 $501,000 $538,000 $555,000
2026 $538,000 $575,000 $560,000
Paterson, NJ Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $185 $203 $206 $207
2023 $204 $213 $224 $244
2024 $225 $240 $257 $250
2025 $264 $293 $291 $282
2026 $269 $297 $281
Real Estate Transactions in Paterson, NJ
Year Q1 Q2 Q3 Q4
2022 303 317 240 213
2023 156 192 198 169
2024 167 217 184 174
2025 152 197 227 189
2026 144 154 154
Passaic County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $415,000 $440,000 $455,000 $450,000
2023 $450,000 $476,000 $500,000 $500,000
2024 $485,000 $520,000 $535,000 $550,000
2025 $550,000 $564,000 $575,000 $595,000
2026 $570,000 $600,000 $620,000
Paterson, NJ Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $370,000 $395,000 $380,000 $410,000
2023 $410,000 $408,000 $430,000 $450,000
2024 $440,000 $460,000 $500,000 $500,000
2025 $518,000 $501,000 $538,000 $555,000
2026 $538,000 $575,000 $560,000
Paterson, NJ Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $185 $203 $206 $207
2023 $204 $213 $224 $244
2024 $225 $240 $257 $250
2025 $264 $293 $291 $282
2026 $269 $297 $281
Real Estate Transactions in Paterson, NJ
Year Q1 Q2 Q3 Q4
2022 303 317 240 213
2023 156 192 198 169
2024 167 217 184 174
2025 152 197 227 189
2026 144 154 154
Passaic County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $415,000 $440,000 $455,000 $450,000
2023 $450,000 $476,000 $500,000 $500,000
2024 $485,000 $520,000 $535,000 $550,000
2025 $550,000 $564,000 $575,000 $595,000
2026 $570,000 $600,000 $620,000

Paterson, NJ Housing Stock

Property Type
Units

Passaic County: Demographics

Total population
158,735
Median age
33.3
No high school education
13.1%
Some high school/college
51.5%
Bachelor's degree
8.3%
Average household income
$76,043
Occupied housing units
49,865
Owner-occupied units
26.9%
Renter-occupied units
73.1%
Median year structure built
1954

Discover Housing Market Trends in Other Cities

#
City
Median Sale Price
1
Wayne
$735K
2
Hawthorne
$661K
3
Clifton
$638K
4
West Milford
$500K
5
Los Angeles
$1M
6
San Francisco
$1.6M
7
Jersey City
$737K
8
Miami
$550K
9
Albany
$270K
10
Buffalo
$257K
11
Santa Ana
$900K
12
Beverly Hills
$3.3M
13
Alameda
$1.1M
14
Palo Alto
$3.5M
15
Irvine
$1.4M
16
Santa Monica
$2.0M
17
Anaheim
$925K
18
Pomona
$655K
19
Long Beach
$873K
20
Hoboken
$975K