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Sarah Mitchell

CNESRESABR

Compass Real Estate · Hackensack, NJ

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Hackensack, NJ(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Hackensack, NJ Housing Market & Real Estate

Balanced market+21.6% YoY

Housing market overview · Updated monthly ·

$450,000median sale price

How is the Hackensack, NJ housing market right now?

The median home sale price in Hackensack, NJ is $450,000, up 21.6% year-over-year. Homes sell in an average of 87 days with 115 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Hackensack a buyer's or seller's market?

Balanced market4.8 months of supply87 avg. days on market

Hackensack, NJ is currently a balanced market, based on 4.8 months of supply and homes selling in about 87 days. How we determine this →

Homes sold

24

Last 12 weeks

Days on market

87

Average pace

Active listings

115

4.8 months supply

Sale-to-list

102.5%

Above asking

What does the Hackensack housing market data show?

Current housing market statistics for Hackensack, NJ
MetricValue
Median sale price$450,000
Median list price$423,000
Year-over-year price change+21.6%
Average days on market87 days
Active inventory115 listings
Months of supply4.8 months
Sale-to-list price ratio102.5%
Median price per sq ft$367/sq ft
Homes sold (latest month)24
New listings (latest month)39
Listings with a price cut9.6%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Hackensack by property type?

How the Hackensack, NJ market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Hackensack, NJ
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$692,500$410/sq ft589 days
Condo / Co-op$355,000$363/sq ft1666 days
Townhouse$589,000$480/sq ft176 days

Source: Redfin · Updated monthly

The Hackensack housing market is currently classified as a balanced market with a median sale price of $450,000. Prices have risen 21.6% compared to last year, with homes spending an average of 87 days on market, indicating 4.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.8x provides context for how home values compare to local earning capacity.

Homes for sale in Hackensack

There are currently 115 homes listed for sale in Hackensack, New Jersey. The median listing price is $423K.

Active listings

115

Homes on market

Median list price

$423K

Avg. days on market

87

Days until sale

New this week

39

Newly listed

Price drops:9.6%of listings
Sale-to-list:102.5%

Who lives in Hackensack?

Population

45,768

Median income

$82,212/yr

Median age

41.5 years

Owner-occupied

38.4%

College grads

41.7%

Avg commute

28.8 min

Source: U.S. Census Bureau ACS

What are homes worth in Hackensack?

Zillow home value

$475,259

Zillow rent index

$2,627/mo

Price-to-rent ratio

15.1x

Price-to-income

5.8x

Source: Zillow Research

What is it like to live in Hackensack?

Hackensack is a community of approximately 46K residents with a median age of 41.5 years.The median household income is $82,212, which reflects a relatively affluent area with strong earning potential. 41.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 38.4%, showing a blend of owner and renter-occupied properties. The average commute time is 28.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hackensack offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Hackensack?

7 schools tracked · 6,270 students

The largest public schools serving Hackensack, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Hackensack High School

Grades 9-12 · 1,726 students

Public

Hackensack Middle School

Grades 5-8 · 1,402 students

Public

Bergen County Academies

Grades 9-12 · 1,116 students

Vocational

Nellie K. Parker

Grades PK-4 · 571 students

Public

Fairmount

Grades PK-4 · 548 students

Public

Fanny Meyer Hillers

Grades PK-4 · 490 students

Public

Jackson Avenue

Grades PK-4 · 417 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Hackensack, NJ?

Want a head-to-head view? Compare Hackensack side-by-side with any other U.S. city using our market-comparison tool.

Is Hackensack a good real estate investment market?

For investors evaluating Hackensack, the price-to-rent ratio of 15.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 21.6% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Hackensack's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Hackensack's median home price.

Frequently asked questions

What is the average home price in Hackensack?

The median home sale price in Hackensack is $450,000, up 21.6% from last year.

How long do homes stay on market in Hackensack?

Homes typically spend 87 days on market before going under contract.

What is the median income in Hackensack?

The median household income is $82,212 per year.

Is Hackensack a buyer's or seller's market?

With 4.8 months of supply, Hackensack is currently a balanced market.

What is the Zillow home value estimate for Hackensack?

The Zillow Home Value Index (ZHVI) for Hackensack is $475,259, representing the typical home value in the area.

What is the median condo price in Hackensack?

The median condo/co-op sale price in Hackensack, NJ is $355,000, compared to $692,500 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Hackensack?

The median single-family home price in Hackensack, NJ is $692,500 (about $410 per square foot).

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