Market Intelligence · NJ / Paterson

Paterson, NJ 07522 Housing Market

The typical home value in Paterson's 07522 ZIP is $492,995, up 3.9% over the past year as of 2026-08-01. The median list price is $459,500, and homes spend a median of 36 days on the market.

Updated August 2026Median value$493K

The median home value in Paterson, NJ 07522 is $493K as of August 2026, up 3.9% 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.

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Typical 07522 range

$454K to $532K

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.

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12-month value trend

+3.9% over 12 months

Typical home value in 07522 over the last 12 months: $475K in Aug 2025 to $493K in Aug 2026 (+3.9%).

Aug 2025$475K

Aug 2026$493K

The numbers

What is the 07522 housing market like?

Typical home value

$493K

Up3.9%YoY

Median list price

$460K

Down0.5%MoM

Days on market

36

Up44.0%MoM

Homes for sale

12

Up20.0%MoM

Price cuts

14.8%

Down18.5%MoM

New listings

4

Up100.0%MoM

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

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The comparison

How do 07522 home prices compare?

  • 07522$492,995
  • 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

Home values in 07522 have been climbing, with the typical value at $492,995 and a gain of 3.9% over the past year. Sellers are listing at a median of $459,500, and homes move in a median of 36 days. Inventory is thin, with 12 homes for sale and only 4 new listings. About 14.8% of listings have taken a price cut, which suggests some sellers are aiming above what buyers will pay. For a seller, the takeaway is simple: demand looks steady, but pricing right from the start matters more than testing the market.

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