What the Pros Know
114
MyMarketPulse Score
104 Price
123 Volume
8/2024UPDATES IN YOUR INBOX
Keep up to date on the latest housing industry trends with insights, analysis and news delivered to your inbox.
513,395
Population
0% YoY
202336.5
Median Age
2.7% YoY
2022$84,465
Median Household Income
7.8% YoY
2022261,741
Labor Force
0.6% MoM
0.5% YoY
7/2024243,858
Employed
0.5% MoM
0.4% YoY
7/20246.8%
Unemployment Rate
17.2% MoM
13.3% YoY
7/2024$540,000
Median Sale Price
2.6% MoM
3.6% YoY
8/2024237
Homes Sold
2.9% MoM
3.9% YoY
8/20241.5
Months Inventory
3.3% MoM
21.2% YoY
8/202423
Days on Market
2 MoM
8 YoY
8/2024353
Listings
12.2% MoM
18.1% YoY
8/2024105.7%
Sale Price to List Price
0.5% MoM
0.4% YoY
8/2024Cities included in Passaic County: Paterson, Clifton, Passaic, Hawthorne, Preakness, Ringwood, Wanaque, Pompton Lakes, Totowa, Haledon, North Haledon, Bloomingdale, Prospect Park, Packanack Lake, Singac, Great Notch, Upper Greenwood Lake, Pines Lake, Hewitt, Macopin, William Paterson University of New Jersey, Newfoundland, Montclair State University
1. Population Data from U.S. Census Bureau.
2. Employment Data from Bureau of Labor and Statistics
3. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.