Is Hackensack, NJ 07601 a buyer’s or seller’s market?
Hackensack is a balanced market. With about 6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
#66 of 92 ZIP codes in Bergen, Hudson & Passaic, NJ, and #440 of 531 across all the markets we track.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. How the heat score works
The Hackensack housing market right now
In the three months ending August 31, 2026, 53% of homes in Hackensack, NJ 07601 sold above their list price, the typical home went under contract in 72 days and there were 6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 78 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 62%, homes sold more slowly (66 days then) and the median sale price rose 17% to $419,818. Overall, Hackensack is less competitive than a year ago, which gives buyers more room.
Within Bergen County, homes here sell more slowly than in 56% of the county’s ZIP codes, and sell less often over asking than in 61%. On our competition score, Hackensack ranks #370 of 444 NJ ZIP codes with enough sales (score 59 out of 100).
Nearby, buyers who want less competition could look at Alpine 07620 (0% sold over asking) or Moonachie 07074 (0% sold over asking), while South Hackensack 07606 (100% sold over asking) and Waldwick 07463 (86% sold over asking) are even more competitive.
Run the numbers for 07601
Nearby markets
Allendale 07401Seller’s market $485 /sq ftAlpine 07620Buyer’s market $792 /sq ftBergenfield 07621Seller’s market $484 /sq ftBogota 07603Buyer’s market $391 /sq ft Browse all markets →Towns like Hackensack nearby
Find towns like Hackensack in other states →Where Hackensack is
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Questions about Hackensack real estate
Is Hackensack a buyer’s or seller’s market?
A balanced market: there were 6 months of supply in Hackensack, NJ 07601 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Hackensack?
The typical home went under contract in 72 days in the latest three months.
Do homes in Hackensack sell over asking?
53% of homes sold above their original list price, and the typical sale closed at 101.6% of the list price.
What are property taxes in Hackensack?
About 2.53% of a home’s value a year in Hackensack City, Bergen County, or roughly $10,108 on a $400,000 home.
What is the median home price in Hackensack?
The median sale price was $419,818 in the three months ending August 31, 2026, about $388 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology