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Featured local agent — Paramus, NJ
Sarah Mitchell
Compass Real Estate · Paramus, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Paramus, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.65Mmedian sale price
How is the Paramus, NJ housing market right now?
The median home sale price in Paramus, NJ is $1.65M, up 62.6% year-over-year. Homes sell in an average of 83 days with 71 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 Paramus a buyer's or seller's market?
Paramus, NJ is currently a balanced market, based on 4.7 months of supply and homes selling in about 83 days. How we determine this →
Homes sold
15
Last 12 weeks
Days on market
83
Average pace
Active listings
71
4.7 months supply
Sale-to-list
101.6%
Above asking
What does the Paramus housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.65M |
| Median list price | $1.30M |
| Year-over-year price change | +62.6% |
| Average days on market | 83 days |
| Active inventory | 71 listings |
| Months of supply | 4.7 months |
| Sale-to-list price ratio | 101.6% |
| Median price per sq ft | $504/sq ft |
| Homes sold (latest month) | 15 |
| New listings (latest month) | 26 |
| Listings with a price cut | 9.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Paramus by property type?
How the Paramus, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.89M | $495/sq ft | 13 | 87 days |
| Condo / Co-op | $330,000 | — | 1 | 61 days |
| Townhouse | $1.50M | $512/sq ft | 1 | 56 days |
Source: Redfin · Updated monthly
The Paramus housing market is currently classified as a balanced market with a median sale price of $1.65M. Prices have risen 62.6% compared to last year, with homes spending an average of 83 days on market, indicating 4.7 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 7.8x provides context for how home values compare to local earning capacity.
Homes for sale in Paramus
There are currently 71 homes listed for sale in Paramus, New Jersey. The median listing price is $1.3M.
Active listings
71
Homes on market
Median list price
$1.3M
Avg. days on market
83
Days until sale
New this week
26
Newly listed
Who lives in Paramus?
Population
26,500
Median income
$139,707/yr
Median age
49.1 years
Owner-occupied
81.7%
College grads
50.2%
Avg commute
30.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Paramus?
Zillow home value
$1.08M
Price-to-income
7.8x
Source: Zillow Research
What is it like to live in Paramus?
Paramus is a community of approximately 27K residents with a median age of 49.1 years.The median household income is $139,707, which reflects a relatively affluent area with strong earning potential. 50.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 81.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Paramus offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Paramus?
19 schools tracked · 4,857 students
The largest public schools serving Paramus, 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.
Paramus High School
Grades 9-12 · 1,125 students
East Brook Middle School
Grades 5-8 · 592 students
West Brook Middle School
Grades 5-8 · 517 students
Ridge Ranch Elementary School
Grades K-4 · 343 students
Applied Technology High School
Grades 9-12 · 324 students
Memorial Elementary School
Grades PK-4 · 295 students
Parkway Elementary School
Grades PK-4 · 294 students
Bergen County Technical High School - Paramus
Grades 9-12 · 277 students
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 Paramus, NJ?
Want a head-to-head view? Compare Paramus side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Paramus?
The median home sale price in Paramus is $1.65M, up 62.6% from last year.
How long do homes stay on market in Paramus?
Homes typically spend 83 days on market before going under contract.
What is the median income in Paramus?
The median household income is $139,707 per year.
Is Paramus a buyer's or seller's market?
With 4.7 months of supply, Paramus is currently a balanced market.
What is the Zillow home value estimate for Paramus?
The Zillow Home Value Index (ZHVI) for Paramus is $1.08M, representing the typical home value in the area.
What is the median condo price in Paramus?
The median condo/co-op sale price in Paramus, NJ is $330,000, compared to $1.89M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Paramus?
The median single-family home price in Paramus, NJ is $1.89M (about $495 per square foot).
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