North Bergen, NJ

Buyer's market-29.7% YoY

Housing market overview · Updated weekly

$400,000median sale price

Homes sold

33

Last 12 weeks

Days on market

63

Average pace

Active listings

170

5.2 months supply

Sale-to-list

98.1%

Below asking

The North Bergen housing market is currently classified as a buyer's market with a median sale price of $400,000. Prices have fallen 29.7% compared to last year, with homes spending an average of 63 days on market, indicating 5.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

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Frequently asked questions

What is the average home price in North Bergen?

The median home sale price in North Bergen is $400,000, down 29.7% from last year.

How long do homes stay on market in North Bergen?

Homes typically spend 63 days on market before going under contract.

Is North Bergen a buyer's or seller's market?

With 5.2 months of supply, North Bergen is currently a buyer's market.

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