07501 Home Values & Market Trends

There are 9 homes currently listed for 07501. 07501 real estate market trends show that home prices range from $184,900 to $575,000, and the median sales price in the 07501 zip code is $367,995. The total number of properties sold within the past twelve months is 11. In 07501, 2 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.

07501 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Paterson

$ 315,000

$ 311/sqft

Housing Market Summary for 07501

Jun 2025June 2026Change
Median Listing Price$479.9K$331.9K-30.84%
Median Sold Price$501.6K$331.9K-33.84%
Homes For Sale5860.00%
Homes Sold1003-97.00%
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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%.

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Recently Sold Homes

Explore recent offers and recently sold homes in 07501

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Browse Homes in 07501

The median list price of a home in Paterson, is $367,995. A total of 9 properties are for sale, and the percentage of properties for sale in the zip code is 81.82%. The total count of 07501 properties is 218.

Foreclosure
There is 1 cities within 07501; within this cities, the median estimated home value for homes in foreclosure ranges from $569,624 in Paterson to the lowest value of $302,950 in Paterson. Foreclosure homes account for 0.00% of properties in 07501 with Paterson containing 8 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.46% of all residential properties in 07501 with Paterson containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07501; of that cities, the estimated home value for pre-foreclosure homes ranges from $569,624 in Paterson to the lowest home value of $302,950 in Paterson.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 07501 ranges from the highest value of $336,424 in Paterson to the lowest value of $336,424 in Paterson. Bank owned homes and properties account for 0.46% of properties in 07501. There is 1 cities within 07501; Paterson containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 07501. Auction homes and other auction properties account for 0% of all properties in 07501. There is 1 cities within 07501; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 4.13% of residential properties in 07501 with Paterson containing 13 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 07501; homes for sale in that cities, have a range of median values from $435,000 in Paterson to the lowest value of $189,900 in Paterson.
    Sold Homes
    The median value for recently sold homes ranges from $564,510 in Paterson to the lowest price of $315,462 in Paterson. There is 1 cities within 07501. Paterson has 13 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.29% of properties in 07501.

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      Recently Listed Homes 07501

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