07055 Home Values & Market Trends
There are 85 homes currently listed for 07055. 07055 real estate market trends show that home prices range from $160,000 to $1,799,000, and the median sales price in the 07055 zip code is $533,885.32. The total number of properties sold within the past twelve months is 201. In 07055, 67 properties are in foreclosure, 1 are bank owned properties,and 8 are headed for auction.
07055 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Passaic | $ 505,557 $ 359/sqft |
Housing Market Summary for 07055
| Jun 2025 | June 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $500K | $444K | -11.20% |
| Median Sold Price | $609.4K | $444K | -27.15% |
| Homes For Sale | 17 | 90 | 429.41% |
| Homes Sold | 144 | 113 | -21.53% |
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 $533,885.32. A total of 85 properties are for sale, and the percentage of properties for sale in the zip code is 55.92%. The total count of 07055 properties is 6,315.
- Pre-ForeclosurePre-foreclosure homes account for 0.92% of all residential properties in 07055 with Passaic containing 58 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 $767,472 in Passaic to the lowest home value of $209,916 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 0.02% 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 8 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 0.13% 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 $740,000 in Passaic to the lowest value of $264,900 in Passaic.