Passaic, NJ

Is Now a Good Time to Sell in Passaic, New Jersey?

The median home in Passaic sells for $364,900 with prices down 40.7% year-over-year. The average seller pays $10,947 in commissions — Ridleys flat fee saves you $7,448.

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Passaic Real Estate Market Conditions — March 2026

64out of 100

Ridley Sell Score

How it's scored →

Moderate

64/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Passaic market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessFavors sellers

2.1 months of supply — below the 5-month balanced threshold — 34% below the New Jersey average of 3.2.

Price MomentumFavors buyers

Prices down 40.7% year-over-year — vs. +7% statewide.

Seller LeverageFavors sellers

Homes selling at 102.6% of asking — sellers are getting 2.6% above list on average. New Jersey average is 100.4%.

Bidding ActivityFavors sellers

64.7% of homes selling above list price — 53% above the New Jersey average of 42.4%.

Sale SpeedFavors buyers

94 median days on market — 27 days slower than the New Jersey average.

Market UrgencyFavors sellers

40% of listings go pending within 2 weeks — vs. 26.1% statewide.

Price StabilityFavors sellers

Only 2.9% of listings have dropped their price — sellers are holding firm. New Jersey average is 13.6%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$364,900

-40.7%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

94

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$273

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

102.6%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

2.1

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.
Somewhat Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

64.7%

Strong demand

Price Drops

Percentage of active listings that had a price reduction.

2.9%

Well-priced market

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

40%

Moderate pace

12-Month Price Trend

$553,000$364,900

34.0%
$600K$500K$400K
AprJunAugOctDecFebMar

Data updated March 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Passaic — delivered monthly.

Your savings

How much can you save selling your home in Passaic?

The average Passaic homeowner saves $7,448 by selling with Ridley instead of paying the traditional 3% listing commission on a $364,900 home.

$0Estimated savings

That's 6 months of groceries — save 2.0% of your home value

$364,900

$50,000$10M

Traditional Agent (3%)

$10,947

Ridley Pro (flat fee)

$3,499

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Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Passaic?

The total cost to sell a house in Passaic in 2026 ranges from $999 with Ridley Essentials to approximately $10,947 with a traditional 3% commission on a $364,900 home.

Traditional AgentBest valueRidley ProRidley EssentialsFSBO
Listing fee$10,947$3,499$999$0
Buyer agent$10,2172.8% avg$7,298~2% avg$7,298~2% avg$10,2172.8% avg
Closing costs (~1.5%)$5,474$5,474$5,474$5,474
Total cost$26,638$16,271$13,771$15,691
Net proceeds$338,262$348,629$351,129$349,209
You save$7,448$9,948$10,947No support

Based on the Passaic median home price of $364,900. Buyer agent commission and closing costs are estimated and may vary.

How to sell your house and save on commission in Passaic

A flat fee of $3,499 instead of the typical $10,947 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Passaic market data so you list at the right price.

2

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

3

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Passaic buyers look — plus a custom Ridley listing page with AI chat.

4

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

5

Close and keep $7,448 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

FAQ

Common questions about selling in Passaic.

Ready to sell in Passaic?

Save $7,448

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Explore neighborhoods

Passaic Neighborhoods

Neighborhood-level market data for 1 areas in Passaic.