07501 Home Values & Market Trends
There are 9 homes currently listed for 07501. 07501 real estate market trends show that home prices range from $189,900 to $575,000, and the median sales price in the 07501 zip code is $372,981. The total number of properties sold within the past twelve months is 10. In 07501, 3 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.
07501 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Paterson | $ 300,000 $ 306/sqft |
Housing Market Summary for 07501
| Jul 2025 | July 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $400K | $315.5K | -21.13% |
| Median Sold Price | $514.6K | $315.5K | -38.70% |
| Homes For Sale | 35 | 9 | -74.29% |
| Homes Sold | 122 | 4 | -96.72% |
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 07501
Browse Homes in 07501
The median list price of a home in Paterson, is $372,981. A total of 9 properties are for sale, and the percentage of properties for sale in the zip code is 75.00%. The total count of 07501 properties is 190.
- Pre-ForeclosurePre-foreclosure homes account for 1.05% of all residential properties in 07501 with Paterson containing 8 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 $615,521 in Paterson to the lowest home value of $317,394 in Paterson.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07501 ranges from the highest value of $330,794 in Paterson to the lowest value of $330,794 in Paterson. Bank owned homes and properties account for 0.53% 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.
- AuctionsN/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.