Bergen County, New Jersey Housing Market Prices
Bergen County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 68% above the New Jersey median Most expensive county in New Jersey$592,908
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Median rent 11% above the New Jersey median Among the 3 most expensive counties in New Jersey$1,913
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Bergen County | New Jersey Avg | US Average |
|---|---|---|---|
| Median Home Price | $592,908 | $352,792 | $248,835 |
| Price Trend (Annual %) | 5.6% | 4.4% | 7.5% |
| Median Gross Rent | $1,913 | $1,719 | $1,407 |
| Rent Trend (Annual %) | 4.2% | 4.5% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Bergen County is about 68% higher than in New Jersey. Rent is about 11% higher than the New Jersey average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Bergen County, up about 5.6% and 4.2% a year respectively. Home prices are changing faster.
Median rent in Bergen County rose about 42.0% between 2015 and 2024, from $1,347 to $1,913. Over the same span, rent in New Jersey rose about 44.3%.
Affordability
On average, housing unit costs 4.7 yearly household incomes in Bergen County.
Buying the median-priced home in Bergen County costs roughly 25.8 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Bergen County. The price-to-rent ratio in New Jersey is about 17.1.
| Metric | Bergen County | New Jersey Avg | US Average |
|---|---|---|---|
| Median Home Price | $592,908 | $352,792 | $248,835 |
| Median Household Income | $124,895 | $103,817 | $80,455 |
| Price-to-Income Ratio | 4.7 | 3.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Bergen County rose about 58.7%, while median household income rose about 47.7% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Bergen County | New Jersey Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.8% | 59.1% | 58.5% |
| Rental Rate | 33.3% | 33.5% | 31.2% |
| Vacancy Rate | 3.9% | 7.5% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Bergen County has a homeownership rate of 62.8%, higher than the New Jersey average of 59.1%. Its housing vacancy rate is 3.9%, compared with 7.5% in New Jersey.
Housing Stock
| Metric | Bergen County | New Jersey Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.67 people | 2.61 people | 2.53 people |
| Median Structure Built Year | 1959 | 1968 | 1978 |
| Median Number of Rooms | 5.7 | 5.7 | 5.5 |
The typical housing unit in Bergen County was built around 1959. On average, 2.7 people live in a home with about 5.7 rooms, staying for about 16.0 years on average.
Bergen County, NJ Housing Compared With Nearby Counties
Bergen County, NJ is the 2nd largest of the 6 counties compared here, 960,507 residents against a local median of 717,070. Where Bergen County, NJ breaks from the counties next to it is homeownership, sitting 45% above the local median of 44.9% at 65.3%. That is the better end of the local range on this measure.
Median home price tells the same story from another angle: $592,908 against a local median of $432,092, 37% above it. The counties themselves spread 42.8% on homeownership, so Bergen County, NJ sits at one end of an already wide local range rather than apart from it. Bergen County, NJ has the 2nd highest homeownership of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Bergen County, NJ | 960,507 | $592,908 #3/6 | $1,913 #2/6 | 65.3% #2/6 |
| Rockland County, NY | 340,860 | $698,715 | $1,900 | 67.9% |
| New York County, NY | 1,628,057 | $1,358,349 | $2,197 | 25.1% |
| Hudson County, NJ | 717,070 | $432,092 | $1,892 | 30.7% |
| Passaic County, NJ | 520,457 | $376,251 | $1,621 | 53.1% |
| Essex County, NJ | 861,155 | $295,435 | $1,531 | 44.9% |
Frequently Asked Questions
Common questions about the housing market in Bergen County, New Jersey.
What is the median home price in Bergen County, New Jersey?
The median home price in Bergen County, New Jersey is $592,908, higher than the New Jersey average of $352,792.
What is the average home price in Bergen County, New Jersey?
The typical home price in Bergen County, New Jersey, reported as the median sale price, is $592,908. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Bergen County, New Jersey?
The median gross rent in Bergen County, New Jersey is $1,913 per month, higher than the New Jersey average of $1,719.
What was the median gross rent in Bergen County in 2020?
In 2020, the median gross rent in Bergen County, New Jersey was $1,557 per month.
What is the price-to-rent ratio in Bergen County, New Jersey?
The price-to-rent ratio in Bergen County, New Jersey is about 25.8, meaning it would take roughly 25.8 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Bergen County.
Are home prices or rent rising faster in Bergen County, New Jersey?
Both home prices and rent are rising in Bergen County, up about 5.6% and 4.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Bergen County, New Jersey?
62.8% of households in Bergen County, New Jersey own their home, higher than the New Jersey average of 59.1%.
What is the vacancy rate in Bergen County, New Jersey?
The housing vacancy rate in Bergen County, New Jersey is 3.9%, lower than the New Jersey average of 7.5%.
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