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2010 SMH Main FacilityPhoto: Ramose350 at English Wikipedia · Public domain
Housing in Passaic

134 homes sold in Passaic in the last year, at a typical $547K

About one sale in 6 is a condo. 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 Passaic homes are listed.

Homes sold
134
June 2025 to May 2026
Typical sale price
$547K
houses $502K · condos $252K
Price per square foot
$308
New Jersey $339
Paid vs. asking
103%
70% sold over asking
For sale now
64
May 2026 · 4 sold that month
What sold · last 12 months

17% of Passaic’s sales are condos, at $250K less than a house

60 houses and 23 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$502K

typical sale · 60 sold in 12 months

Per square foot
$335NJ $331
Days to sell
76
Sold over asking
70%
Listings with a price cut
15%
Condos$252K

typical sale · 23 sold in 12 months

Per square foot
$294NJ $450
Days to sell
97
Sold over asking
57%
Listings with a price cut
20%
Fewer sales

Multi-family (2–4 units): 50 sold, typical $683K
Townhouses: 1 sold, typical $410K

Too few sales in 12 months for reliable figures.

10 years of sales

Fewer homes sell than a decade ago, at 2.5 times the 2016 price

134 sales in the last year, against 274 in 2017 and a low of 137 in 2025. The typical sale went from $215K in 2016 to $547K.

Homes soldTypical sale price
075150225300$250K$400K$550K$700K2016: 239 sold, typical $215K’162017: 274 sold, typical $223K2018: 265 sold, typical $273K’182019: 236 sold, typical $284K2020: 218 sold, typical $318K’202021: 234 sold, typical $363K2022: 224 sold, typical $413K’222023: 143 sold, typical $460K2024: 145 sold, typical $493K’242025: 137 sold, typical $574KLast 12 months: 134 sold, typical $547KNow

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

What your budget buys

What $550K buys in Passaic

Houseat $335 a sq ft
Condoat $294 a sq ft
The same money in New Jerseyat $331 a sq ft

Is this asking price fair?

Check a listing against what Passaic 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 Passaic are more common than before the pandemic, but 56% fewer homes come up for sale

We read every month of Passaic’s 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, 134 sales.

If you’re buying in Passaic

  • Shop in October. It brings about 23 new listings a month, close to the busiest month, with fewer bidding wars (34% over asking).
  • Some room to negotiate. 10% of listings cut their price, about as many as before the pandemic.
  • Expect to bid over asking. Buyers paid 103% of the list price on average; 70% paid over.
  • You’ll usually have time. Only 21% of homes go under contract within two weeks; the typical one takes 84 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 29 a month), but March is the most competitive: 44% of March sales close over asking. October offers nearly as much choice with fewer homes bid up (34%). February has the least competition (32%).

New listings a monthShare sold over asking
07.51522.53020%40%60%Sweet spotJan: 19 new listings a month, 35% sold over asking, 139 days to sellJFeb: 19 new listings a month, 32% sold over asking, 116 days to sellFMar: 27 new listings a month, 44% sold over asking, 104 days to sellMApr: 25 new listings a month, 40% sold over asking, 109 days to sellAMay: 28 new listings a month, 37% sold over asking, 99 days to sellMJun: 29 new listings a month, 39% sold over asking, 99 days to sellJJul: 26 new listings a month, 38% sold over asking, 98 days to sellJAug: 25 new listings a month, 37% sold over asking, 95 days to sellASep: 20 new listings a month, 40% sold over asking, 106 days to sellSOct: 23 new listings a month, 34% sold over asking, 101 days to sellONov: 19 new listings a month, 43% sold over asking, 102 days to sellNDec: 13 new listings a month, 42% sold over asking, 103 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Hotter than in 2021, and hotter than New Jersey

Passaic now2017–192021 peakNJ now
Sold over askingShare of sales that closed above the list price70%34%44%48%
Gone within two weeksShare of homes under contract within 14 days21%5%5%31%
Listings with a price cutShare of homes for sale that cut their price10%13%8%17%
Price paid vs. askingAverage sale price ÷ list price103%99.1%100.7%101.2%
Days to sellMedian days from listing to contract841169245
Supply

51 homes for sale on a typical day

That’s 1.3 times the 2023 low (40), 56% fewer than in 2017–19 and well under 2016’s 151.

2016: 151 for sale’162017: 122 for sale2018: 117 for sale2019: 105 for sale’192020: 88 for sale2021: 97 for sale2022: 77 for sale’222023: 40 for sale2024: 42 for sale2025: 50 for sale’25Last 12 months: 51 for saleNow
Room to negotiate

1 in 10 listings has cut its price

10% in the last year, against 13% in 2017–19 and 17% across New Jersey.

2016: 15%’162017: 12%2018: 16%2019: 11%’192020: 7%2021: 8%2022: 7%’222023: 7%2024: 9%2025: 10%’25Last 12 months: 10%Now
Prices by type

Since 2019, houses are up 90%, condos 61%

A house typically sold for $502K in the last year (60 sales), a condo for $252K (23).

$225K$350K$475K$600K201520172019202120232025NowHouses 2015: $195K, 65 salesHouses 2016: $209K, 114 salesHouses 2017: $227K, 118 salesHouses 2018: $266K, 111 salesHouses 2019: $264K, 108 salesHouses 2020: $316K, 102 salesHouses 2021: $354K, 96 salesHouses 2022: $415K, 86 salesHouses 2023: $433K, 49 salesHouses 2024: $497K, 62 salesHouses 2025: $527K, 62 salesHouses last 12 months: $502K, 60 salesHouses $502KCondos 2015: $119K, 20 salesCondos 2016: $157K, 22 salesCondos 2017: $123K, 32 salesCondos 2018: $151K, 24 salesCondos 2019: $156K, 31 salesCondos 2020: $187K, 31 salesCondos 2021: $199K, 51 salesCondos 2022: $212K, 44 salesCondos 2023: $226K, 31 salesCondos 2024: $239K, 20 salesCondos 2025: $235K, 15 salesCondos last 12 months: $252K, 23 salesCondos $252K

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

Across New Jersey

Passaic ranks 30th 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. Passaic is one of the state’s hottest markets.

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 Passaic

Five things worth knowing

29

New listings in June

The month with the most choice. December has the fewest, about 13.

Best time to buy
D

Schools

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

Schools in Passaic
25 min

Typical commute

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

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

No busy market nearby sells for less a square foot; Clifton, Wood-Ridge, Lodi and Hasbrouck Heights for far more

The busier markets within 25 miles of Passaic, 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
Clifton610$604K$41070%57
Garfield154$647K$37665%80
Passaic134$547K$30870%84
Lodi101$685K$44073%70
Wood-Ridge92$719K$42755%70
Wallington60$700K$37255%83
Hasbrouck Heights59$729K$40654%78

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 Passaic, free

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

Questions about buying a home in Passaic

What do homes sell for in Passaic, NJ?

134 homes sold in the year to May 2026 at a typical $547K, $308 a square foot. Houses sold for about $502K, condos for about $252K.

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

A buyer’s market: 64 homes were for sale in May 2026 and 4 sold, about 16 months of supply. Buyers paid 103% of asking on average, and 10% of listings cut their price.

When is the best time to buy in Passaic?

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

Where can I see homes for sale in Passaic?

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

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).