Foreclosure Homes in Paramus, NJ

Current Market Conditions in Paramus, NJ

The current real estate market in Paramus is characterized by strong demand, especially for single-family homes. The average days on market have reduced significantly, indicating a competitive environment where homes are being sold quickly.

Property prices have seen a steady increase over the past few months, driven by low inventory and high buyer interest. This trend is expected to continue as more individuals seek the suburban lifestyle that Paramus offers.

Rent Prices In Paramus, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Paramus, NJ, is on a rollercoaster ride. The average rent price in Paramus, NJ, is $3,087.00. Indeed, when looking to rent in Paramus, NJ, you can expect to pay as little as $1,620.00 or as much as $5,380.00, with the average rent median estimated to be $3,000.00. The good news is that finding an affordable and desirable property to rent in Paramus, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.