$3,153 Closing Credit*
$265,500
2 Beds
•2 Full Baths
Michele DeStefano, Listing Office: EXP Realty, LLC - Wyckoff
Housing Prices in Passaic, NJ
How much do homes in Passaic, NJ cost?
Median List Price
$525,000
$323/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$175,000(+50.0%)
Key Takeaway
The list price of homes in Passaic has increased by 50% since last year.
Summary: The median home list price in Passaic was $525,000 in November 2024, up 50% from the previous year, and the median price per square foot was $323.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199K | $235.9K | +18.5% |
| 2 Bedrooms | $289.9K | $344K | +18.7% |
| 3 Bedrooms | $425K | $499K | +17.4% |
| 4 Bedrooms | $594K | $557.4K | -6.2% |
| 5+ Bedrooms | $662.5K | $725K | +9.4% |
Summary: Passaic housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.5%, 2 bedroom homes increased by 18.7%, 3 bedroom homes increased by 17.4%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes increased by 9.4%.
Median List Price Compared To Nearby Cities
| Passaic | $350K | $525K | +50.0% |
| Garfield | $444K | $599K | +34.9% |
| Clifton | $474.9K | $529.1K | +11.4% |
| East Rutherford | $544.5K | $580K | +6.5% |
| Wallington | $687K | $599.9K | -12.7% |
Housing Supply in Passaic, NJ
How many homes are available in Passaic, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 72 | +41.2% |
Summary: The Passaic real estate market had 72 homes for sale in November 2024, a 41.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 13 | 17 | +30.8% |
| 5+ Bedrooms | 19 | 34 | +78.9% |
Summary: The Passaic housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes increased by 78.9%.
Days on Market for Passaic, NJ
How long does it take to sell a home in Passaic, NJ?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 221 Days | 86 Days | -60.9% |
Summary: Homes in Passaic had an average listing age of 86 days in Nov 2024, down by 60.9% compared to the previous year.
The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.