Bergen County Real Estate

A Decade of High Demand and Growth

Bergen County, New Jersey, has long been one of the most competitive and desirable real estate markets in the United States, offering families and investors a unique blend of suburban comfort, top‑tier schools, and proximity to New York City.

Over the past decade, Bergen County has experienced unprecedented growth in home values, fueled by strong demand, limited inventory, and the county’s reputation for quality of life. Its combination of suburban tranquility, excellent schools, and easy access to Manhattan has made it a magnet for families and professionals alike.

For anyone considering buying, selling, or investing in Bergen County, understanding these trends is essential. Working with a trusted professional such as Guy Peled ensures that you have the insight and guidance needed to succeed in this highly competitive market.

A Decade of Market Trends (2015–2025)

The period from 2015 to 2025 has been one of robust and accelerating growth, particularly in the single‑family home segment. While there were brief slowdowns before the pandemic, the overall trajectory has been sharply upward.

Pre‑2020: Steady Appreciation

Before the pandemic, Bergen County saw consistent, moderate price growth. Median home values rose steadily, supported by strong demand from commuters and families seeking top‑rated schools. Inventory was tight but manageable, and buyers had more time to evaluate options compared to today’s market.

Post‑2020: The Pandemic Effect

The onset of the COVID‑19 pandemic triggered a surge in demand. Low interest rates, the desire for more space, and migration from New York City fueled the steepest price acceleration in modern history. Bidding wars became common, and homes often sold above asking price.

By late 2025, the median sale price for a single‑family home in Bergen County is trending well above $850,000, with some sources placing it near $880,000. This represents nearly a doubling from the county’s median home value of approximately $459,000 in 2015–2016.

Visualizing the Market

To illustrate these trends, two graphs can provide clear context.

Key Market Indicators (2024–2025)

Recent data underscores the seller‑tilted environment:

Median Sales Price: $880,000 (up 11.6% year‑over‑year).
Days on Market (DOM): 31 days, slightly slower than the peak frenzy but still fast by historical standards.
Sale‑to‑List Ratio: 104%, meaning homes sell on average 4% above asking price.
Inventory: Extremely low, with just 2.2 months of supply compared to the 4–6 months considered balanced.

These figures confirm that Bergen County remains a highly competitive market where buyers must act quickly and sellers benefit from strong demand.

Best Towns for Living in Bergen County

The “best” town often depends on a family’s priorities, but several communities consistently rank among the most desirable.

Ho‑Ho‑Kus: Frequently ranked among the top places to live in New Jersey, Ho‑Ho‑Kus offers small‑town charm, top‑tier schools (K‑8), and a strong sense of community. Its limited inventory makes it highly competitive.
Ridgewood: Known for its vibrant downtown, excellent train commute to NYC, and one of the most respected public school systems in the state. Ridgewood’s median home price is among the highest in the county, currently around $1.1 million.
River Edge: Offers excellent schools, a family‑friendly atmosphere, and convenient commuting options. It is often praised for its balance of affordability and quality of life.
Harrington Park, Haworth, and Upper Saddle River: These towns provide beautiful homes, a quieter suburban feel, and A+ rated school systems, making them highly attractive to families.

Education Excellence: The Driving Force

Education is one of the strongest drivers of real estate value in Bergen County. Towns with top‑ranked schools consistently command higher prices and experience faster sales.

Northern Valley Regional High School District: Serving towns like Demarest, Closter, and Old Tappan, this district is consistently ranked among the best in the state.
Tenafly Public School District: Known for rigorous academics and a high‑performing high school, Tenafly attracts families who prioritize education.
Ridgewood Public School District: A cornerstone of the community, Ridgewood schools are highly respected across all grade levels.
Ramsey and Fair Lawn School Districts: Both consistently rank among the best, offering strong academic and extracurricular programs.

The presence of these districts directly correlates with higher property values and lower Days on Market, reinforcing the county’s reputation as a premier destination for families.

The Future of Bergen County Real Estate

Looking ahead, Bergen County is expected to remain one of the most competitive markets in New Jersey. While the unprecedented pace of growth seen in the early 2020s may normalize, the fundamentals—elite schools, proximity to New York City, and high quality of life—ensure long‑term resilience.

For Sellers: Well‑priced homes will continue to attract multiple offers, often above asking price.
For Buyers: Preparation is key. Strong pre‑approvals, quick decision‑making, and working with a knowledgeable agent are essential.
For Investors: Bergen County remains a stable, long‑term investment, with demand driven by education, location, and lifestyle.

Why Work with a Trusted Real Estate Professional

Navigating Bergen County’s market requires more than browsing listings. It demands local expertise, negotiation skills, and a deep understanding of micro‑market dynamics. This is where Guy Peled Helps Families And Investors Buy, Sell, And Rent Homes Across All Of New Jersey provides exceptional value. With extensive knowledge of Bergen County and a proven track record across the state, Guy Peled helps families find their dream homes, assists investors in identifying profitable opportunities, and guides sellers through successful transactions.

Whether you are buying, selling, or investing, having the right partner ensures a smoother, more rewarding experience.