Bergen-Lafayette Housing Market Report January 2025Hudson County, New Jersey

hero building illustration for mobile

Housing Prices in Bergen-Lafayette, NJ

How much do homes in Bergen-Lafayette, NJ cost?

Housing Market Conditions

Is Bergen-Lafayette, NJ a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Bergen-Lafayette is a Buyer's Market

Difference Since January 2024

At the same time last year, Bergen-Lafayette was a Seller's Market.

Insight

Bergen-Lafayette is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$599,500$469/SqFt
-$40,000
-6.3%

Based on all homes sold in the last 12 months

Insight

Homes in Bergen-Lafayette have sold for 6.3% less than they did a year ago.

Summary: The median home sold price in Bergen-Lafayette was $599,500 in January 2025, down 6.3% from last year, and the median price per square foot was $469.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
West Side
+29.8%
Downtown Jersey City
+4.5%
Van Vorst Park
+0.8%
Bergen-Lafayette
-6.3%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$324.5K$370K
+14.0%
2$445K$450K
+1.1%
3$642.5K$685K
+6.6%
4$735K$650K
-11.6%
5$758K$730K
-3.7%

Summary: Bergen-Lafayette housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +14.0%. The home price for 2 bedroom homes increased by +1.1%. The home price for 3 bedroom homes increased by +6.6%. The home price for 4 bedroom homes decreased by -11.6%. The home price for 5 bedroom homes decreased by -3.7%.

Housing supply in Bergen-Lafayette, NJ

How many homes are available in Bergen-Lafayette, NJ?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
89Last MonthJan 2025
852 months agoDec 2024
+4.7 %
Change MoMDec – Jan

Summary: The Bergen-Lafayette real estate market had 89 homes for sale in Jan 2025, a 4.7 % increase compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
12Last MonthJan 2025
122 months agoDec 2024
0.0 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
194
-55.6%
21921
+10.5%
32530
+20.0%
41012
+20.0%
52222
0.0%

Summary: Bergen-Lafayette housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -55.6%. The inventory for 2 bedroom homes increased by +10.5%. The inventory for 3 bedroom homes increased by +20.0%. The inventory for 4 bedroom homes increased by +20.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Bergen-Lafayette, NJ cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price3 Homes

Under Asking Price7 Homes

Insight

If you're buying a home in Bergen-Lafayette, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Bergen-Lafayette in January 2025, the same as the previous month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and and 17% were sold over asking.

Days on Market for Bergen-Lafayette, NJ

How long does it take to sell a home in Bergen-Lafayette, NJ?

Breakdown of Home Sale Times

Under 30 Days6 Homes

30 – 90 Days4 Homes

Over 90 Days0 Home

Insight

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

Summary: During January 2025, 12 homes were sold in Bergen-Lafayette; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
32 DaysThis YearJan 2025
22 Days1 year agoJan 2024
+45.6 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Bergen-Lafayette had an average listing age of 32 days in Jan 2025, up by 45.6% compared to the previous year.

Newest Listings in Bergen-Lafayette, NJ

What homes are available in Bergen-Lafayette, NJ?

MLS Disclaimers and Copyright

Based on information from Realty Multiple Listing System Inc., New Jersey MLS, and Garden State MLS for the period 02/01/2023 - 02/01/2025

IDXThe data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 11:15:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Information provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 11:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 11:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.