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Paterson city: Median Home Value Trend

How Paterson city's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.

2017
$235,500
2023
$335,400
Total change
+$99,900
% change
+42.4%
Year Median Home Value Change
2017 $235,500
2019 $244,200 +$8,700 (3.7%)
2020 $257,700 +$13,500 (5.5%)
2021 $269,200 +$11,500 (4.5%)
2022 $314,100 +$44,900 (16.7%)
2023 $335,400 +$21,300 (6.8%)

Other Paterson city Trends