Housing Prices in Passaic, NJ
How much do homes in Passaic, NJ cost?
Median List Price
$442,500
$282/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Summary: The median home list price in Passaic was $442,500 in April 2024, up 42.8% from the previous year, and the median price per square foot was $282.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $169K | $199.9K | +18.3% |
2 Bedrooms | $255K | $307K | +20.4% |
3 Bedrooms | $400K | $442.5K | +10.6% |
4 Bedrooms | $459K | $594K | +29.4% |
5+ Bedrooms | $569.9K | $709.4K | +24.5% |
Summary: Passaic housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.3%, 2 bedroom homes increased by 20.4%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 24.5%.
Median List Price Compared To Nearby Cities
Passaic | $309.9K | $442.5K | +42.8% |
Garfield | $399.9K | $529.2K | +32.3% |
Clifton | $449.9K | $499K | +10.9% |
East Rutherford | $525K | $539K | +2.7% |
Wallington | $662.4K | $639.7K | -3.4% |
Housing Supply in Passaic, NJ
How many homes are available in Passaic, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
50 | 58 | +16.0% |
Summary: The Passaic real estate market had 58 homes for sale in April 2024, a 16.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 14 | 13 | -7.1% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 18 | 24 | +33.3% |
Summary: The Passaic housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 33.3%.
Days on Market for Passaic, NJ
How long does it take to sell a home in Passaic, NJ?
Average Listing Age
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
220 Days | 107 Days | -51.2% |
Summary: Homes in Passaic had an average listing age of 107 days in Apr 2024, down by 51.2% compared to the previous year.