07503 Home Values & Market Trends
There are 18 homes currently listed for 07503. 07503 real estate market trends show that home prices range from $179,900 to $849,999, and the median sales price in the 07503 zip code is $566,541.07. The total number of properties sold within the past twelve months is 81. In 07503, 30 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.
07503 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Paterson | $ 473,750 $ 282/sqft |
Housing Market Summary for 07503
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $359.4K | $569.4K | 58.41% |
| Median Sold Price | $511.8K | $569.4K | 11.25% |
| Homes For Sale | 4 | 16 | 300.00% |
| Homes Sold | 57 | 48 | -15.79% |
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 07503
Browse Homes in 07503
The median list price of a home in Paterson, is $566,541.07. A total of 18 properties are for sale, and the percentage of properties for sale in the zip code is 37.50%. The total count of 07503 properties is 2,447.
- Pre-ForeclosurePre-foreclosure homes account for 1.14% of all residential properties in 07503 with Paterson containing 294 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07503; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,115,000 in Paterson to the lowest home value of $224,500 in Paterson.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07503 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 07503. There is 1 cities within 07503; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsPaterson has 8 auction properties, the highest number of properties going to auction in a single city in the state of 07503. Auction homes and other auction properties account for 0.08% of all properties in 07503. There is 1 cities within 07503; of that cities, the median estimated home value for homes going to auction ranges from $765,300 in Paterson to the lowest value of $394,100 in Paterson.