April 2024

07513 Housing Market Report Paterson, Passaic County, New Jersey

Report Updated 4 Days Ago

Housing Prices in 07513, NJ

How much do homes in 07513, NJ cost?

Median List Price

$524,500

Based on all homes listed in April 2024.

Difference Since Last Month

-$38,000(-6.8%)

Key Takeaway

The list price of homes in 07513 has decreased by 6.8% since March.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Mar 2024	Apr 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	-	-	N/A
3 Bedrooms	-	-	N/A
4 Bedrooms	$446.4K	$459.9K	+3.0%
5+ Bedrooms	$612.5K	$599.9K	-2.1%

Summary: 07513 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 2.1%.

Median List Price Compared To Nearby Zip Codes

ZIP	Mar 2024	Apr 2024	CHANGE
07513	$562.5K	$524.5K	-6.8%
07504	$509.4K	$469.9K	-7.8%

Housing Supply in 07513, NJ

How many homes are available in 07513, NJ?

Number of Homes For Sale

Mar 2024	Apr 2024	CHANGE
10	14	+40.0%

Summary: The 07513 real estate market had 14 homes for sale in April 2024, a 40.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Mar 2024	Apr 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	0	0	0.0%
3 Bedrooms	0	0	0.0%
4 Bedrooms	2	5	+150.0%
5+ Bedrooms	8	9	+12.5%

Summary: The 07513 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 12.5%.

Days on Market for 07513, NJ

How long does it take to sell a home in 07513, NJ?

Average Listing Age

Mar 2024	Apr 2024	CHANGE
81 Days	84 Days	+3.0%

Summary: Homes in 07513 had an average listing age of 84 days in Apr 2024, up by 3% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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Newest Listings in 07513, NJ

Nearby Markets to 07513, NJ

MLS Disclaimers and Copyright

Based on information from New Jersey MLS for the period 03/01/2024 - 05/01/2024

IDX Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 8:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.