Is Little Falls, NJ 07424 a buyer’s or seller’s market?

The Little Falls housing market right now

In the three months ending August 31, 2026, 75% of homes in Little Falls, NJ 07424 sold above their list price, the typical home went under contract in 26 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 81 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 69%, homes sold faster (49 days then) and the median sale price rose 13% to $680,206. Overall, Little Falls is more competitive than a year ago, so tougher for buyers.

Within Passaic County, homes here sell faster than in 88% of the county’s ZIP codes, and sell more often over asking than in 85%. On our competition score, Little Falls ranks #89 of 444 NJ ZIP codes with enough sales (score 90 out of 100).

Nearby, buyers who want less competition could look at Paterson 07505 (0% sold over asking) or Wanaque 07465 (39% sold over asking), while Paterson 07504 (88% sold over asking) and Hawthorne 07506 (83% sold over asking) are even more competitive.