The housing market in Bergen, NJ County is thriving with the median value of homes coming in at $607,200, well above the US median value of $338,100. In the past year, homeowners in Bergen County have seen an increase of 12.56%, significantly higher than the US average appreciation rate of 8.27%. People looking to purchase a home in Bergen County can expect to find higher prices than the rest of the country as well as attractive equity growth opportunities.
The median home cost in Bergen County is $607,200. Home appreciation the last 10 years has been 55.2%. Home Appreciation in Bergen County is up 11.0%.
Average Age of Homes
- The median age of Bergen County real estate is 59 years old
The Rental Market in Bergen County
- Renters make up 33.4% of the Bergen County population
- 1.3% of houses and apartments in Bergen County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.