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ELMWOOD PARK, NJ 07407

Real Estate Market Report  ·  Bergen County
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The ELMWOOD PARK, NJ real estate market (07407) currently shows 23 active listings, with 5 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 46 days on market compared to 14 days last year.

The median listing price has risen 11.3% year-over-year, from $562,450 to $626,250.

Whether you are buying or selling in ELMWOOD PARK, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 21,261  ·  Density: 3,106.0/mi²  ·  Median household income: $84,578

Typical home value: $426,606  ·  Homeownership: 53.9%

Market Overview

Active Listings
23
⇧ 109.1% vs 11 last year
Pending
5
22% pending ratio
Median Price
$626,250
⇧ 11.3% vs $562,450 last year
Average Price
$627,474
⇧ 17.8% vs $532,511 last year
Days on Market
46
⇧ 228.6% vs 14 days last year

Price Per Square Foot

Median $/sqft
$313
⇧ 160.8% vs $120/sqft last year
Median Home Size
2,258 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 23 this year vs 11 last year
  • Days on market: 46 now vs 14 last year

Median & Average Pricing

Year over Year
  • Median: $626,250 (+11.3% YoY)
  • Average: $627,474 (+17.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 4.1 miles — 191 listings ($136,829,769 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07407Elmwood Park, NJ 074070.0 mi24$15,130,872$619,500$630,453
07663Saddle Brook, NJ 076631.3 mi9$5,811,120$650,000$645,680
07503Paterson, NJ 075031.8 mi6$1,869,996$245,000$311,666
07514Paterson, NJ 075141.9 mi13$6,625,112$453,500$509,624
07410Fair Lawn, NJ 074102.1 mi33$28,299,480$789,000$857,560
07524Paterson, NJ 075242.7 mi3$1,080,750$376,250$360,250
07644Lodi, NJ 076442.7 mi10$5,032,890$579,950$503,289
07607Maywood, NJ 076073.0 mi1$763,000$749,000$763,000
07522Paterson, NJ 075223.4 mi7$2,431,044$298,500$347,292
07013Clifton, NJ 070133.7 mi44$28,070,284$586,750$637,961
07452Glen Rock, NJ 074523.8 mi15$23,779,875$1,674,500$1,585,325
07502Paterson, NJ 075024.0 mi13$7,565,753$565,000$581,981
07075Wood Ridge, NJ 070754.1 mi13$10,369,593$850,000$797,661

Frequently Asked Questions

How many homes are for sale in ELMWOOD PARK, NJ 07407?

As of April 2026, there are 23 active listings in ELMWOOD PARK, NJ (zip code 07407), compared to 11 the prior year.

What is the median home price in ELMWOOD PARK, NJ 07407?

The median listing price in ELMWOOD PARK, NJ 07407 is $626,250 as of April 2026, a 11.3% increase from $562,450 the prior year.

How long do homes stay on the market in ELMWOOD PARK, NJ?

Homes in ELMWOOD PARK, NJ 07407 spend an average of 46 days on the market before going under contract, compared to 14 days the prior year.

Is it a seller's or buyer's market in ELMWOOD PARK, NJ 07407?

Based on current inventory and days-on-market data as of April 2026, ELMWOOD PARK, NJ 07407 is currently a Buyer's Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 46 days on market compared to 14 days last year.

How much can I save on real estate commission in ELMWOOD PARK, NJ?

With SELL123.com's maximum 3% commission, sellers in ELMWOOD PARK, NJ 07407 save an estimated $12,525 compared to a typical 5% commission on the median listing price of $626,250. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.