Housing in Paramus, NJ

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$1,135,000

Median List Price

$950,000

Price Per Sq Ft

$522

Days on Market

69

Active Inventory

53

Months of Supply

4.4

Balanced market

Zillow Home Value

$1,004,887

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 14.1%List Price 12.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

41.7%

Off Market in 2 Weeks

38.1%

Sale-to-List Ratio

100.4%

Seller's market

Sold Above Asking
41.7%
Under Contract in 2 Wks
38.1%
Listings with Price Drops
9.4%

Market Activity

Source: Redfin

Homes Sold

12

New Listings

21

Pending Sales

21

Homes Sold 33.3%New Listings 61.5%Pending 10.5%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$522

Median List $/SF

$514

Sale $/SF 57.7%List $/SF 8.7%Mar 24Jan 26

Paramus vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Paramus is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$736,000

Median Rent

$2,845

Total Housing Units

8,898

Vacancy Rate

5.4%

Owner Occupied

81.7%

Renter Occupied

18.3%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$2,615

Housing Types

Single Family
88.5%
Multi-Family
11.4%
Mobile Home
0.1%

The current median sale price in Paramus, NJ is $1,135,000 according to Redfin data. Homes spend a median of 69 days on the market. 41.7% of homes sold above asking price. The market has 4.4 months of supply. The median price per square foot is $522. The median rent is $2,845 per month (Census ACS). About 81.7% of housing units are owner-occupied. The median year homes were built is 1963. There are 8,898 total housing units.