07055 Home Values & Market Trends
There are 99 homes currently listed for 07055. 07055 real estate market trends show that home prices range from $160,000 to $1,650,000, and the median sales price in the 07055 zip code is $533,887. The total number of properties sold within the past twelve months is 214. In 07055, 68 properties are in foreclosure, 1 are bank owned properties,and 7 are headed for auction.
07055 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Passaic | $ 533,887 $ 351/sqft |
Housing Market Summary for 07055
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $424.5K | $549K | 29.33% |
| Median Sold Price | $624.4K | $456.1K | -26.95% |
| Homes For Sale | 59 | 99 | 67.80% |
| Homes Sold | 122 | 111 | -9.02% |
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 07055
Browse Homes in 07055
The median list price of a home in Passaic, is $533,887. A total of 99 properties are for sale, and the percentage of properties for sale in the zip code is 99.00%. The total count of 07055 properties is 345.
- Pre-ForeclosurePre-foreclosure homes account for 17.39% of all residential properties in 07055 with passaic containing 60 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07055; of that cities, the estimated home value for pre-foreclosure homes ranges from $642,128 in passaic to the lowest home value of $203,388 in passaic.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07055 ranges from the highest value of $0 in passaic to the lowest value of $0 in passaic. Bank owned homes and properties account for 0.29% of properties in 07055. There is 1 cities within 07055; passaic containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionspassaic has 7 auction properties, the highest number of properties going to auction in a single city in the state of 07055. Auction homes and other auction properties account for 2.03% of all properties in 07055. There is 1 cities within 07055; of that cities, the median estimated home value for homes going to auction ranges from $362,135 in passaic to the lowest value of $264,900 in passaic.
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Guide for 07055
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
