Paterson, NJ Real Estate Market Summary – September 8, 2026
In Paterson, NJ, there were 53 homes sold over the last 30 days, with an average of approximately 1.77 homes sold per day. The average sale price was $563,570, while the median sale price was $540,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 53 |
| Sold Per Day | 1.77 |
| Average SQFT | 979 |
| Median Sales Price | $540,000 |
| Average Sales Price | $563,570 |
| Average Price Per SQFT | $531 |
| Average Days on Market | 18 |
| Average Year Built | 1968 |
Paterson, NJ Single Family Home Analysis
The single-family home segment in Paterson saw 26 homes sold, averaging 0.87 homes per day. The average sale price for single-family homes was $487,758, with a median sale price of $507,500.
| Metric | 30 Days |
|---|---|
| Number Sold | 26 |
| Sold Per Day | 1 every 1.15 days |
| Average SQFT | 979 |
| Median Sales Price | $507,500 |
| Average Sales Price | $487,758 |
| Average Price Per SQFT | $531 |
| Average Days on Market | 21 |
| Average Year Built | 1971 |
Paterson, NJ Condo & Townhome Analysis
In the condo and townhome market, only 3 homes were sold in the last 30 days. The average sale price in this segment was $391,667, with a median sale price of $385,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 3 |
| Sold Per Day | 1 every 10.00 days |
| Average SQFT | not provided |
| Median Sales Price | $385,000 |
| Average Sales Price | $391,667 |
| Average Price Per SQFT | not provided |
| Average Days on Market | 20 |
| Average Year Built | not provided |
Buyer & Seller Analysis
- 1.77 homes sold per day overall.
- Single-family homes averaged 21 days on market.
- Median price for single-family homes was $507,500.
- Condo and townhome segment had a slower pace at 1 every 10.00 days.
- Data reflects sales in the last 30 days.
Conclusion
Overall, the Paterson real estate market shows a steady pace in home sales across different segments. The pricing reflects varying data points, with single-family homes commanding higher prices compared to condos and townhomes.