Is Bergen, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bergen is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Bergen has remained a Seller's Market.

Key Takeaway

Bergen is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bergen, NY

How much do homes in Bergen, NY cost?

Median Sold Price

$175,000

$92/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$72,500(+70.7%)

Key Takeaway

Homes in Bergen have sold for 70.7% more than they did a month ago.

Summary: The median home sold price in Bergen was $175,000 in April 2024, up 70.7% from last month, and the median price per square foot was $92.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$130K
N/A
3 $121.5K-
N/A
4 -$220K
N/A
5+ $65K-
N/A

Summary: Bergen housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Bergen, NY

How many homes are available in Bergen, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
72-71.4%

Summary: The Bergen real estate market had 2 homes for sale in April 2024, a 71.4% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 40
-100.0%
4 11
0.0%
5+ 10
-100.0%

Summary: The Bergen housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bergen, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Bergen in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Bergen, NY

How long does it take to sell a home in Bergen, NY?

Average Sale Time

Mar 2024Apr 2024CHANGE
7 Days6 Days-7.1%

Summary: Homes in Bergen had an average of 6 days on market in Apr 2024, down by 7.1% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bergen are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Bergen; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Apr 1, 2024

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