07504 Real Estate Market

07504 Market

The median sale price for homes in 07504 over the last 12 months is $180,000.


The median mortgage debt is $153,890.

Additional Statistics for Single Family Homes and Condos in Paterson, NJ
$228,010
Median Listing Price
117
Median Days on Market
59
Active Listings
10.2%
Distressed Listings
(foreclosures and short sales)
07504 (Paterson, NJ) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Paterson is $233,000. The list prices dropped by -2.87% from the previous month.

The price per square foot for listings in this area is $52.

The median sale price in January for single family homes is $120,000. The sale prices dropped by -4% from the previous month.

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07504 (Paterson, NJ) Market Inventory Trends

The number of active listings in Paterson increased by 3.8% from the previous month.

The median number of days active properties have been listed is 123.

The number of sales in January dropped by 0% from the previous month.

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07504 (Paterson, NJ) Property Ownership

The percent of unoccupied properties is very low in Paterson. It is -9.19% below the national average.

The percent of owner occupied properties in Paterson is 20.57% below the national average.

The percent of rental properties in Paterson is 32.57% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.