A typical Bergen County home listed for $679,000 in April, up 5.3% from a month earlier, an analysis of data from Realtor.com shows.
The median list home price in April was up about 8.6% from April 2021. Bergen County’s median home was 2,111 square feet for a listed price of $327 per square foot.
The Bergen County market was busy, with a median 24 days on market. A month earlier, homes had a median 25 days on market. The market added 1,424 new home listings in April, compared with the 1,736 added in April 2021. The market ended the month with some 1,719 listings of homes for sale.
Information on your local housing market is available through the USA TODAY Network, with more data from Realtor.com.
County-by-county breakdown for North Jersey home prices in April
Passaic County’s home prices rose 0.5%, to a median $429,900, from a month earlier. The typical house was on the market for 21 days, from 23 days a month earlier. The typical 1,840-square-foot house had a list price of $242 per square foot.
Hudson County’s home prices fell 1.9%, to a median $500,000, from a month earlier. The typical house was on the market for 30 days, from 30 days a month earlier. The typical 1,002-square-foot house had a list price of $549 per square foot.
Real estate:Will Fed rate hikes cool North Jersey’s housing market? Some see buyers ‘losing that fire’
Essex County’s home prices rose 6.3%, to a median $449,000, from a month earlier. The typical house was on the market for 23 days, from 25 days a month earlier. The typical 1,876-square-foot house had a list price of $274 per square foot.
Across metro New York, median home prices rose to $715,000, up 2.3% from a month earlier. The median home had 1,424 square feet, at a list price of $598 per square foot.
Across all of New Jersey, median home prices were $469,900, rising 4.5% from a month earlier. The median New Jersey home for sale had 1,658 square feet at list price of $254 per square foot.
Across the United States, median home prices were $425,000, up 5% from a month earlier. The median American home for sale had 1,821 square feet, listed at $220 per square foot.
The median home list price — the midway point of all the houses or units listed over a period of time — is used more often in this report instead of the average home list price because experts say the median offers a more accurate view of what’s happening in a market. In finding the average price, all prices of homes listed are added and then divided by the number of homes sold. This measure can be skewed by one low or high price.
The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from the Realtor.com residential listings database.. The story was written by Mike Stucka and Sean Lahman.