What is the housing market like in Peoples Park today?
In May 2025, Peoples Park home prices were down 4.2% compared to last year, selling for a median price of $575K. On average, homes in Peoples Park sell after 30 days on the market compared to 52 days last year. There were 5 homes sold in May this year, down from 12 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$575,000
-4.2% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Peoples Park, NJ
$575,000
-4.2%
United States
To compare other locations to the Peoples Park and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Paterson add value to a home.
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How hot is the Peoples Park housing market?
Peoples Park is very competitive. Homes sell in 29.5 days.
0
100
76
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% above list price and go pending in around 30 days.
Hot homes
can sell for about 9% above list price and go pending in around 13 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Peoples Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Peoples Park.
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Peoples Park has a moderate risk of flooding. 101 properties in Peoples Park are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Peoples Park. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Peoples Park has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Peoples Park is most at risk from hurricanes. 1,278 properties in Peoples Park have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 77 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 84 mph.