Market Intelligence · NJ / Paterson

Paterson, NJ 07513 Housing Market

The typical home in Paterson, NJ 07513 is worth $587,347, up 5.7% over the past year. The median list price sits at $449,000, and homes spend a median of 86 days on the market.

Updated August 2026Median value$587K

The median home value in Paterson, NJ 07513 is $587K as of August 2026, up 5.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

Get a cash offer

Sell without the wait

Sell your Paterson home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 07513 range

$540K to $634K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 07513 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Paterson, NJ.

12-month value trend

+5.7% over 12 months

Typical home value in 07513 over the last 12 months: $556K in Aug 2025 to $587K in Aug 2026 (+5.7%).

Aug 2025$556K

Aug 2026$587K

The numbers

What is the 07513 housing market like?

Typical home value

$587K

Up5.7%YoY

Median list price

$449K

Down0.1%MoM

Days on market

86

Down14.9%MoM

Homes for sale

1

Flat0.0%MoM

Price cuts

0.0%

New listings

0

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

Free home value report

See what your 07513 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 07513 home prices compare?

  • 07513$587,347
  • Paterson$537,705
  • New Jersey$576,681
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Paterson: 8 ZIPs; New Jersey: 547 ZIPs; United States: 26,265 ZIPs).

Context

Inventory in 07513 is extremely thin, with only 1 home for sale and 0 new listings as of 2026-08-01. The median list price of $449,000 sits well below the typical home value of $587,347, which has risen 5.7% over the past year. Homes that do come to market take time to sell, with a median of 86 days on market. No listings have taken a price cut, with the share at 0.0%. For a seller, values are moving in the right direction, but expect the sale itself to take patience.

Monthly payment

Estimate your monthly payment.

20% · $117,469

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.