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Updated May 2026Redfin3-month window

07650 Real Estate Market Update: Palisades Park, NJ, May 2026

Analysis by INEYA Studio. Data updated May 2026 from Redfin Data Center.

The latest housing-market numbers for ZIP code 07650 in Palisades Park, New Jersey, for May 2026: a $1.02M median sale price, straight from Redfin Data Center. ZIP-level figures are a rolling three-month window (last public Redfin release).

$1.02M
Median sale price, May 2026
$1.03M
A year earlier, in 2025
79
Days on market
98.0%
Sale-to-list
ZIP 07650, Palisades Park, NJ, May 2026. Source: Redfin.
MetricValueMoMYoY
Median sale price$1.02M▲ +7.5%▼ -0.5%
Days on market79▼ -16.4%▼ -34.7%
Homes for sale61▲ +8.9%▲ +29.8%
Sale-to-list98.0%▼ -0.3%▼ -2.1%
Homes sold29▲ +11.5%▲ +38.1%

Figures from Redfin Data Center (a rolling three-month window (last public Redfin release)). Verify against your MLS before posting. Not a valuation for a specific home.

What the 07650 numbers say

The 07650 ZIP in Palisades Park is leveling off. The median sale price is $1,025,000, roughly flat year over year. The market has loosened: a typical listing now takes around 79 days to go under contract, with sellers getting 98.0% of list price.

With 61 homes for sale, 07650 is currently an active market.

What this means if you sell in 07650

Use these figures to set expectations early with each client. Lead a listing appointment with the $1.02M median price and the 79-day pace, show the year-over-year direction, and frame 07650 as an active market. A buyer or seller client trusts an agent who knows their exact ZIP, not just the metro average.

How we track the 07650 market

We built LOKAL to pull 07650's numbers straight from Redfin Data Center, so an agent and a client read from the same source. For May 2026 we recorded a $1.02M median sale price, -0.5% year over year, a 98.0% sale-to-list ratio and a +7.5% month-over-month move across 29 recorded sales. That compares with roughly $1.03M a year earlier, in 2025. This ZIP is served from the last public Redfin release (frozen since June 2026) and only appears because it cleared at least 20 recorded sales for the period, so the median stays reliable instead of noisy. Both sources have published ZIP-level series for years, which is what lets us show month-over-month and year-over-year change here in 2026. LOKAL is independent and not affiliated with Redfin; always verify against your MLS before you publish.

ZIP-code areas follow U.S. Postal Service boundaries; for complementary demographics on 07650 (population, median household income, owner-occupancy), see the U.S. Census Bureau profile for this ZIP Code Tabulation Area. LOKAL covers price and pace; the Census covers who lives there.

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Frequently asked: the 07650 housing market

What is the median home price in ZIP 07650 (Palisades Park, NJ)?
As of May 2026, the median sale price in ZIP 07650 is $1,025,000 (-0.5% year over year), per Redfin Data Center. Figures are a rolling three-month window (last public Redfin release) for this ZIP code.
Is ZIP 07650 a buyer's or seller's market right now?
ZIP 07650 is currently an active market, based on a 98.0% sale-to-list ratio, about 79 days on market for May 2026.
How long do homes take to sell in ZIP 07650?
A typical listing in 07650 goes under contract in about 79 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 07650 market data come from?
All figures for 07650 come from Redfin Data Center: a rolling three-month window (last public Redfin release). LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.

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Data from Redfin Data Center (ZIP-level market data, a rolling three-month window (last public Redfin release)), not a valuation for a specific home.