Guest, Sign inJoin

Post to Paramus

We’ll email a one-tap link to publish your post. No password, and nothing is public until you click it.
Already a member? Sign in
2021-07-31 10 36 18 View south along New Jersey State Route 17 from the overpass for the ramp to New Jersey State Route 4 (MacKay Highway) in Paramus, Bergen County, New JerseyPhoto: Famartin · CC BY-SA 4.0
Housing in Paramus

202 homes sold in Paramus in the last year, at a typical $1.2M

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Paramus homes are listed.

Homes sold
202
June 2025 to May 2026
Typical sale price
$1.2M
median, weighted by sales
Price per square foot
$495
New Jersey $339
Paid vs. asking
100.9%
38% sold over asking
For sale now
71
May 2026 · 15 sold that month
What sold · last 12 months

Houses are 92% of Paramus’ sales, at a typical $1.3M

202 homes sold in the year to May 2026.

Houses$1.3M

typical sale · 186 sold in 12 months

Per square foot
$500NJ $331
Days to sell
79
Sold over asking
39%
Listings with a price cut
10%
Fewer sales

Multi-family (2–4 units): 3 sold, typical $1.2M
Townhouses: 7 sold, typical $1.2M
Condos: 6 sold, typical $484K

Too few sales in 12 months for reliable figures.

10 years of sales

About as many homes sell as usual, at twice the 2016 price

202 sales in the last year, against 278 in 2020 and a low of 166 in 2023. The typical sale went from $595K in 2016 to $1.2M.

Homes soldTypical sale price
075150225300$700K$900K$1.1M$1.3M2016: 245 sold, typical $595K’162017: 230 sold, typical $633K2018: 193 sold, typical $650K’182019: 237 sold, typical $629K2020: 278 sold, typical $685K’202021: 267 sold, typical $768K2022: 209 sold, typical $866K’222023: 166 sold, typical $923K2024: 196 sold, typical $997K’242025: 208 sold, typical $1.2MLast 12 months: 202 sold, typical $1.2MNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $1.2M buys in Paramus

Houseat $500 a sq ft
The same money in New Jerseyat $331 a sq ft

Is this asking price fair?

Check a listing against what Paramus homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 10 years of sales

Bidding wars in Paramus are more common than before the pandemic, but 39% fewer homes come up for sale

We read every month of Paramus’ home sales since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 202 sales.

If you’re buying in Paramus

  • Shop in March. It brings about 27 new listings a month, close to the busiest month, with fewer bidding wars (25% over asking).
  • Less room to haggle. Only 9% of listings cut their price, against 21% before the pandemic.
  • Bid near asking. Buyers paid 100.9% of the list price on average; 38% paid over.
  • You’ll usually have time. Only 35% of homes go under contract within two weeks; the typical one takes 78 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 30 a month), but April is the most competitive: 35% of April sales close over asking. March offers nearly as much choice with fewer homes bid up (25%). January has the least competition (19%) but only about 17 new listings.

New listings a monthShare sold over asking
07.51522.53013%27%40%Sweet spotJan: 17 new listings a month, 19% sold over asking, 111 days to sellJFeb: 19 new listings a month, 33% sold over asking, 111 days to sellFMar: 27 new listings a month, 25% sold over asking, 113 days to sellMApr: 29 new listings a month, 35% sold over asking, 85 days to sellAMay: 30 new listings a month, 34% sold over asking, 81 days to sellMJun: 29 new listings a month, 29% sold over asking, 89 days to sellJJul: 28 new listings a month, 34% sold over asking, 86 days to sellJAug: 24 new listings a month, 33% sold over asking, 89 days to sellASep: 23 new listings a month, 28% sold over asking, 90 days to sellSOct: 22 new listings a month, 21% sold over asking, 92 days to sellONov: 15 new listings a month, 22% sold over asking, 96 days to sellNDec: 10 new listings a month, 22% sold over asking, 93 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than New Jersey

Paramus now2017–192021 peakNJ now
Sold over askingShare of sales that closed above the list price38%18%44%48%
Gone within two weeksShare of homes under contract within 14 days35%16%24%31%
Listings with a price cutShare of homes for sale that cut their price9%21%9%17%
Price paid vs. askingAverage sale price ÷ list price100.9%98%101.1%101.2%
Days to sellMedian days from listing to contract781048745
Supply

61 homes for sale on a typical day

That’s 1.2 times the 2023 low (51), 39% fewer than in 2017–19 and well under 2016’s 128.

2016: 128 for sale’162017: 100 for sale2018: 94 for sale2019: 106 for sale’192020: 109 for sale2021: 80 for sale2022: 72 for sale’222023: 51 for sale2024: 61 for sale2025: 59 for sale’25Last 12 months: 61 for saleNow
Room to negotiate

1 in 11 listings has cut its price

9% in the last year, against 21% in 2017–19 and 17% across New Jersey.

2016: 24%’162017: 24%2018: 24%2019: 15%’192020: 13%2021: 9%2022: 9%’222023: 7%2024: 7%2025: 8%’25Last 12 months: 9%Now
Prices by type

Since 2019, houses are up 105%, condos 88%

A house typically sold for $1.3M in the last year (186 sales), a condo for $484K (6).

$500K$800K$1.1M$1.4M201520172019202120232025NowHouses 2015: $587K, 165 salesHouses 2016: $594K, 227 salesHouses 2017: $636K, 208 salesHouses 2018: $643K, 182 salesHouses 2019: $629K, 217 salesHouses 2020: $683K, 265 salesHouses 2021: $769K, 249 salesHouses 2022: $867K, 190 salesHouses 2023: $924K, 156 salesHouses 2024: $1M, 174 salesHouses 2025: $1.3M, 189 salesHouses last 12 months: $1.3M, 186 salesHouses $1.3MCondos 2015: $445K, 7 salesCondos 2016: $433K, 5 salesCondos 2017: $407K, 7 salesCondos 2019: $257K, 7 salesCondos 2022: $632K, 13 salesCondos last 12 months: $484K, 6 salesCondos $484K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across New Jersey

Paramus ranks 219th of 299 busy New Jersey markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Paramus is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Before you buy in Paramus

Five things worth knowing

30

New listings in May

The month with the most choice. December has the fewest, about 10.

Best time to buy
B+

Schools

The schools grade for Paramus, from test results, graduation and how much students grow.

Schools in Paramus
31 min

Typical commute

The average one-way trip to work for people who live in Paramus.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Oradell, Fair Lawn, New Milford and Maywood sell for less a square foot

The busier markets within 25 miles of Paramus, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Fair Lawn247$710K$44764%65
New Milford231$595K$33748%63
Paramus202$1.2M$49538%78
Glen Rock120$1.2M$55570%63
River Edge81$1M$50162%75
Oradell59$993K$47975%58
Maywood46$678K$44985%63

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Paramus, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Paramus. People who follow the town see it, and so do people comparing Paramus with their own town. No commission, no listing fee.

Questions about buying a home in Paramus

What do homes sell for in Paramus, NJ?

202 homes sold in the year to May 2026 at a typical $1.2M, $495 a square foot.

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

A balanced market: 71 homes were for sale in May 2026 and 15 sold, about 4.7 months of supply. Buyers paid 100.9% of asking on average, and 9% of listings cut their price.

When is the best time to buy in Paramus?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

Where can I see homes for sale in Paramus?

Zillow, Redfin, Realtor.com and Homes.com all carry Paramus’ MLS listings; the search links above open each one filtered to Paramus.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).