Is Paramus, NJ 07652 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Paramus is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Heat score25/ 100

#65 of 92 ZIP codes in Bergen, Hudson & Passaic, NJ, and #434 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

Months of supply4Under 4 months = seller’s market
Sold above original list51.5%Share of sales, last 3 months
Median sale-to-list101.3%Sold price ÷ list price
Median days on market66Listing to accepted offer
Median price per sq ft$504▲ +1.9% vs. last year

The Paramus housing market right now

In the three months ending August 31, 2026, 52% of homes in Paramus, NJ 07652 sold above their list price, the typical home went under contract in 66 days and there were 4 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 66 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 45%, homes sold faster (75 days then) and the median sale price held steady to $1,249,459. Overall, Paramus is more competitive than a year ago, so tougher for buyers.

Within Bergen County, homes here sell faster than in 58% of the county’s ZIP codes, and sell less often over asking than in 62%. On our competition score, Paramus ranks #337 of 444 NJ ZIP codes with enough sales (score 64 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.

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 →

Where Paramus is

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Questions about Paramus real estate

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

A balanced market: there were 4 months of supply in Paramus, NJ 07652 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 Paramus?

The typical home went under contract in 66 days in the latest three months.

Do homes in Paramus sell over asking?

52% of homes sold above their original list price, and the typical sale closed at 101.3% of the list price.

What are property taxes in Paramus?

About 1.43% of a home’s value a year in Paramus Boro, Bergen County, or roughly $5,736 on a $400,000 home.

What is the median home price in Paramus?

The median sale price was $1,249,459 in the three months ending August 31, 2026, about $504 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