Paramus, NJ housing market
The typical Paramus home is worth about $1,079,000, up 9.2% in a year, 86% above the New Jersey typical home. Homes typically sell in 83 days, a little above asking.
Home values, sales, trends and how Paramus compares with the towns next door — updated as new data is published.
Paramus at a glance
A balanced market
About 4.7 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Paramus | New Jersey |
|---|---|---|
| 2017 | $651,000 | $317,000 |
| 2018 | $669,000 | $330,000 |
| 2019 | $681,000 | $343,000 |
| 2020 | $683,000 | $358,000 |
| 2021 | $743,000 | $394,000 |
| 2022 | $804,000 | $441,000 |
| 2023 | $838,000 | $471,000 |
| 2024 | $893,000 | $511,000 |
| 2025 | $964,000 | $551,000 |
| 2026 | $1,026,000 | $568,000 |
| August 2026 | $1,079,000 | $580,000 |
Paramus and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Paramus | $1.08M | +9.2% | 83 | $144,349 |
| Fair Lawn | $729K | +7.3% | 63 | $144,574 |
| River Edge | $861K | +12.6% | 86 | $159,028 |
| Ridgewood | $1.27M | +10.8% | 61 | $208,211 |
| Hackensack | $475K | +3.7% | 87 | $84,277 |
| Oradell | $1.02M | +10.3% | 61 | $221,322 |
| Rochelle Park | $640K | +5.1% | — | $110,380 |
7.5 years of income
The typical Paramus home costs about 7.5 years of the town's median household income, more than across New Jersey (5.6 years).
How Paramus ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.