Housing in Passaic, NJ

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$364,900

Median List Price

$534,500

Price Per Sq Ft

$273

Days on Market

94

Active Inventory

35

Months of Supply

2.1

Seller's market

Zillow Home Value

$553,815

ZHVI — January 2026

Zillow Rent Index

$2,189

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 35.8%List Price 2.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

64.7%

Off Market in 2 Weeks

40.0%

Sale-to-List Ratio

102.6%

Seller's market

Sold Above Asking
64.7%
Under Contract in 2 Wks
40.0%
Listings with Price Drops
2.9%

Market Activity

Source: Redfin

Homes Sold

17

New Listings

14

Pending Sales

10

Homes Sold 88.9%New Listings 33.3%Pending 23.1%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$273

Median List $/SF

$298

Sale $/SF 5.0%List $/SF 1.0%Mar 24Jan 26

Passaic vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Passaic 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

$406,500

Median Rent

$1,392

Total Housing Units

21,019

Vacancy Rate

2.8%

Owner Occupied

23.5%

Renter Occupied

76.5%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$2,397

Housing Types

Single Family
19.2%
Multi-Family
80.5%
Mobile Home
0.3%

The current median sale price in Passaic, NJ is $364,900 according to Redfin data. Homes spend a median of 94 days on the market. 64.7% of homes sold above asking price. The market has 2.1 months of supply. The median price per square foot is $273. Zillow's observed rent index is $2,189/month. About 23.5% of housing units are owner-occupied. The median year homes were built is 1938. There are 21,019 total housing units.