07055 Home Values & Market Trends
There are 94 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 $492,811.85. 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 7 are headed for auction.
07055 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Passaic | $ 499,000 $ 335/sqft |
Housing Market Summary for 07055
| Jul 2025 | July 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $449K | $489.6K | 9.05% |
| Median Sold Price | $617.1K | $489.6K | -20.66% |
| Homes For Sale | 31 | 92 | 196.77% |
| Homes Sold | 132 | 97 | -26.52% |
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 $492,811.85. A total of 94 properties are for sale, and the percentage of properties for sale in the zip code is 58.39%. The total count of 07055 properties is 6,233.
- Pre-ForeclosurePre-foreclosure homes account for 0.95% 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 $617,070 in Passaic to the lowest home value of $216,091 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 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 0.11% 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.