Paramus, NJ

Leaning buyer's+2.3% YoY

Housing market overview · Updated weekly

$1.08Mmedian sale price

Homes sold

11

Last 12 weeks

Days on market

87

Average pace

Active listings

52

4.7 months supply

Sale-to-list

100.0%

Below asking

The Paramus housing market is currently classified as a leaning buyer's with a median sale price of $1.08M. Prices have risen 2.3% compared to last year, with homes spending an average of 87 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.

Market trends

Homes for sale in Paramus

There are currently 52 homes listed for sale in Paramus, New Jersey. The median listing price is $1.3M.

Active listings

52

Homes on market

Median list price

$1.3M

Avg. days on market

87

Days until sale

New this week

10

Newly listed

Price drops:9.6%of listings
Sale-to-list:100.0%

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Frequently asked questions

What is the average home price in Paramus?

The median home sale price in Paramus is $1.08M, up 2.3% from last year.

How long do homes stay on market in Paramus?

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

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

With 4.7 months of supply, Paramus is currently a leaning buyer's.

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