Call or Text (240) SELL-123

ELMWOOD PARK, NJ 07407

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

Market Overview

Active Listings
21
⇧ 31.3% vs 16 last year
Pending
6
29% pending ratio
Median Price
$590,000
⇧ 33.6% vs $441,500 last year
Average Price
$639,212
⇧ 45.4% vs $439,575 last year
Days on Market
52
⇧ 52.9% vs 34 days last year

Market Context

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

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

Market Analysis

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

The ELMWOOD PARK, NJ real estate market (07407) currently shows 21 active listings, with 6 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 52 days on market compared to 34 days last year.

The median listing price has risen 33.6% year-over-year, from $441,500 to $590,000.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for ELMWOOD PARK, NJ 07407 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 16 last year
  • Days on market: 52 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $590,000 (+33.6% YoY)
  • Average: $639,212 (+45.4% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 4.1 miles — 194 listings ($135,321,998 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07407Elmwood Park, NJ 074070.0 mi21$13,423,452$590,000$639,212
07663Saddle Brook, NJ 076631.3 mi14$8,024,044$575,000$573,146
07503Paterson, NJ 075031.8 mi6$2,151,000$335,000$358,500
07514Paterson, NJ 075141.9 mi15$7,554,900$455,000$503,660
07410Fair Lawn, NJ 074102.1 mi30$23,205,090$750,000$773,503
07524Paterson, NJ 075242.7 mi2$665,000$332,500$332,500
07644Lodi, NJ 076442.7 mi11$6,732,550$612,500$612,050
07607Maywood, NJ 076073.0 mi2$1,584,000$797,000$792,000
07522Paterson, NJ 075223.4 mi7$2,685,669$332,500$383,667
07013Clifton, NJ 070133.7 mi45$29,457,945$594,000$654,621
07452Glen Rock, NJ 074523.8 mi14$21,057,148$1,499,000$1,504,082
07502Paterson, NJ 075024.0 mi12$7,220,400$550,000$601,700
07075Wood Ridge, NJ 070754.1 mi15$11,560,800$824,000$770,720

Frequently Asked Questions

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

As of January 2026, there are 21 active listings in ELMWOOD PARK, NJ (zip code 07407), compared to 16 the prior year.

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

The median listing price in ELMWOOD PARK, NJ 07407 is $590,000 as of January 2026, a 33.6% increase from $441,500 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 52 days on the market before going under contract, compared to 34 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 January 2026, ELMWOOD PARK, NJ 07407 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 52 days on market compared to 34 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 $11,800 compared to a typical 5% commission on the median listing price of $590,000. 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.