Updated May 2026 · Redfin · 3-month window
07407 Real Estate Market Update: Elmwood Park, NJ, May 2026
The latest housing-market numbers for ZIP code 07407 in Elmwood Park, New Jersey, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $650K | • 0.0% | ▲ +20.6% |
| Days on market | 64 | ▼ -3.0% | ▲ +6.7% |
| Homes for sale | 38 | ▲ +5.6% | • 0.0% |
| Sale-to-list | 102.5% | ▼ -0.9% | ▲ +1.1% |
| Homes sold | 33 | ▲ +22.2% | ▲ +73.7% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 07407 numbers say
Prices in Elmwood Park's 07407 ZIP are still climbing. The median sale price reached $650,000, up 20.6% year over year. The market has loosened: a typical listing now takes around 64 days to go under contract, with sellers getting 102.5% of list price.
Based on 33 recent sales, 07407 is currently an active market.
What this means if you sell in 07407
Use these figures to set expectations early. Lead a listing appointment with the median price and the 64-day pace, show the year-over-year direction, and frame 07407 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Elmwood Park post →Frequently asked: the 07407 housing market
- What is the median home price in ZIP 07407 (Elmwood Park, NJ)?
- As of May 2026, the median sale price in ZIP 07407 is $650,000 (+20.6% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 07407 a buyer's or seller's market right now?
- ZIP 07407 is currently an active market, based on a 102.5% sale-to-list ratio, about 64 days on market for May 2026.
- How long do homes take to sell in ZIP 07407?
- A typical listing in 07407 goes under contract in about 64 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 07407 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.