07501 Home Values & Market Trends
There are 1 homes currently listed for 07501. 07501 real estate market trends show that home prices range from $329,000 to $329,000, and the median sales price in the 07501 zip code is $414,320.37. The total number of properties sold within the past twelve months is 208. In 07501, 63 properties are in foreclosure, 1 are bank owned properties,and 5 are headed for auction.
07501 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Paterson | $ 453,400 $ 257/sqft |
Housing Market Summary for 07501
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $322.5K | $394.5K | 22.33% |
| Median Sold Price | $317.4K | $394.5K | 24.29% |
| Homes For Sale | 10 | 2 | -80.00% |
| Homes Sold | 87 | 96 | 10.34% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 07501
Browse Homes in 07501
The median list price of a home in Paterson, is $414,320.37. A total of 1 properties are for sale, and the percentage of properties for sale in the zip code is 1.00%. The total count of 07501 properties is 3,525.
- Pre-ForeclosurePre-foreclosure homes account for 1.62% of all residential properties in 07501 with paterson containing 254 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07501; of that cities, the estimated home value for pre-foreclosure homes ranges from $920,400 in paterson to the lowest home value of $186,400 in paterson.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07501 ranges from the highest value of $615,900 in paterson to the lowest value of $615,900 in paterson. Bank owned homes and properties account for 0.03% of properties in 07501. There is 1 cities within 07501; paterson containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionspaterson has 29 auction properties, the highest number of properties going to auction in a single city in the state of 07501. Auction homes and other auction properties account for 0.14% of all properties in 07501. There is 1 cities within 07501; of that cities, the median estimated home value for homes going to auction ranges from $732,800 in paterson to the lowest value of $220,400 in paterson.
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More Real Estate Resources for 07501
Guide for 07501
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