Elmwood Park, NJ Housing Market

$586,125

6.0% 1-yr

The average Elmwood Park, NJ home value is $586,125, up 6.0% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Elmwood Park Key Takeaways

Typical Home Values: $586,125

1-year Value Change: +6.0%

(Data through March 31, 2025)

Elmwood Park Housing Market Overview

--1-year Market Forecast

11For sale inventory(March 31, 2025)

6New listings(March 31, 2025)

--Median sale to list ratio

--Median sale price(February 28, 2025)

--Median list price(March 31, 2025)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Elmwood Park

NameMedian ZHVI
Eastside Park Historic District$559,984
Manor Section$396,534
Lakeview$523,067
Eastside$534,238
People's Park$541,558
Sandy Hill$440,273
South Paterson$491,534
Riverside$496,032
Wrigley Park$381,389

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Elmwood Park Rental Market Trends

$2,406Average rent in Elmwood Park(March 31, 2025)

$2,005National average rent(March 31, 2025)

4.0%Month-over-month change(March 31, 2025)

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.