07055 Home Values & Market Trends
There are 64 homes currently listed for 07055. 07055 real estate market trends show that home prices range from $138,900 to $1,799,000, and the median sales price in the 07055 zip code is $609,488.37. The total number of properties sold within the past twelve months is 208. In 07055, 64 properties are in foreclosure, 2 are bank owned properties,and 3 are headed for auction.
07055 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Passaic | $ 530,950 $ 339/sqft |
Housing Market Summary for 07055
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $417K | $601.1K | 44.16% |
| Median Sold Price | $555.5K | $601.1K | 8.22% |
| Homes For Sale | 14 | 56 | 300.00% |
| Homes Sold | 155 | 110 | -29.03% |
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 $609,488.37. A total of 64 properties are for sale, and the percentage of properties for sale in the zip code is 50.00%. The total count of 07055 properties is 6,388.
- Pre-ForeclosurePre-foreclosure homes account for 0.92% of all residential properties in 07055 with Passaic containing 59 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 $1,016,000 in Passaic to the lowest home value of $223,200 in Passaic.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07055 ranges from the highest value of $601,000 in Passaic to the lowest value of $267,300 in Passaic. Bank owned homes and properties account for 0.03% of properties in 07055. There is 1 cities within 07055; Passaic containing 2 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsPassaic has 3 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 0.05% 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 $900,900 in Passaic to the lowest value of $509,700 in Passaic.