LOCAL MARKET INSIDER

Northern NJ

Welcome to the Local Market Insider—your go-to source for the latest real estate trends, home values, and expert insights in Northern NJ. Each month, we break down the numbers in our Market Update video, giving you a clear picture of what’s happening in the housing market. Whether you’re buying, selling, or just keeping an eye on the market, you’ll find valuable tips, trends, and local highlights to help you stay ahead. Check back regularly for fresh insights and the most up-to-date information!

Bergen County Selling Fast

Bergen County Housing Market: June 2026 Insights

July 16, 20266 min read

Bergen County Housing Market, Ridgewood Real Estate, Demarest Luxury Homes, Paramus Market Trends

Is the Bergen County Housing Market Ever Going to Slow Down? June 2026 Town-by-Town Breakdown

The Bergen County housing market keeps defying gravity. Using fresh June 2026 data and a detailed town-by-town breakdown, this SEO-optimized guide explains what is really happening in Ridgewood, Demarest, Ramsey, Paramus, and across the county—so buyers and sellers can make confident moves instead of guessing from headlines.

Bergen County Housing Market: Still a Strong Seller’s Market in June 2026

At the county level, Bergen remains firmly in seller territory. According to the latest Realtor Property Resource figures for June 2026, the median sold price for all home types hit $851,000, up nearly 6% in just one month. Homes are closing at an average sold-to-list ratio of 104.5%, meaning buyers are routinely paying about 5% over asking to secure a property, and the median days on market is only 16 days.

Inventory is the other big story. With under a 4‑month supply, Bergen County is well below the 5–6 months typically considered a balanced market. This tight supply matches what broader platforms like Zillow and Redfin are reporting: home values countywide are up roughly 5–6% year‑over‑year, with many properties selling above list price in a matter of weeks (Zillow, Redfin).

📌 Key Takeaway: Countywide numbers confirm a powerful seller’s market, but the real opportunity—whether you are buying or selling—lies in understanding how each town behaves.

Ridgewood: The $1.9 Million Real Estate Phenomenon

If there is one place that captures the intensity of the Bergen County housing market, it is Ridgewood. In June 2026, the median sold price for a single-family home in Ridgewood surged to an astonishing $1.9 million. That is not just a healthy market—that is a full‑blown Ridgewood real estate phenomenon.

The driving forces are clear: extremely low supply and extremely high demand. With only a 2.6‑month supply of inventory, buyers—many of them NYC transplants seeking top‑tier schools and a convenient commute—are battling hard for every listing. On average, Ridgewood homes sold for 114.9% of their asking price in June. In plain language, buyers are paying roughly 15% over list price just to win the bidding war. If you own a home in Ridgewood, your equity has likely never looked stronger.

Demarest: Luxury Market with Highly Selective Buyers

In the Northern Valley, Demarest continues to live up to its reputation as one of Bergen County’s most exclusive enclaves. The median sold price in Demarest is $1.4 million, and sellers are still capturing more than 102% of their asking price. That alone confirms strong demand—but the dynamics here are subtly different from Ridgewood’s frenzy.

Inventory in Demarest is a bit more forgiving, with about a 3.4‑month supply. Well‑priced, move‑in‑ready homes are snapped up quickly, typically going under contract in just 13 days. In contrast, properties that need updates or are mispriced can sit for 100 days or more. Demarest buyers have the budget, but they are luxury selective buyers—they will pay a premium, but only when the home, condition, and price align perfectly.

💡 Pro Tip for Demarest Sellers: Precision pricing, professional staging, and turnkey presentation are non‑negotiable if you want to command top‑tier offers in this luxury market.

Ramsey: The Fastest-Moving Market in Bergen County

For buyers who value speed and lifestyle, Ramsey is the town to watch. The median sold price in Ramsey sits at a robust $933,000, but the real headline is how quickly homes are disappearing once they hit the market. With virtually no excess inventory, Ramsey has become one of the fastest‑moving markets in Bergen County.

Ramsey occupies a “sweet spot” for many Northern New Jersey buyers: excellent schools, a charming and vibrant downtown, and a direct train line to Manhattan—all at a price point that feels more accessible than ultra‑premium towns like Ridgewood. Because supply is so thin, sellers in Ramsey hold tremendous leverage, often fielding multiple offers within days and enjoying favorable terms such as flexible closing dates and limited contingencies.

Walkable Bergen County downtown street with shops and trees

Walkable downtowns and train access help towns like Ramsey sell homes at record speed.

Paramus and the 41% “Price Drop”: Why Context Matters

On paper, Paramus looks like the outlier in this hot June 2026 market. The town’s median sold price dipped by nearly 41% to $975,000—a number that might sound like a looming crash. But when you dig into the data, the story is far less dramatic and far more instructive for anyone tracking Bergen County housing trends.

First, inventory in Paramus actually increased, with supply rising more than 8% to about 3.37 months. Second, the homes that happened to close in June skewed smaller and less expensive than in prior months. Because the median simply reflects the middle price of what sold—not the value of every home in town—this shift in the mix of properties pulled the median down. Importantly, Paramus homes are still selling for over 103% of asking price in just 13 days. That is not what a crash looks like; it is a reminder that raw statistics need expert interpretation.

📌 Key Takeaway: A sharp median price move in one month often reflects the type of homes sold—not a collapse in underlying home values.

Frequently Asked Questions About the June 2026 Bergen County Market

1. Is it a bad time to buy in Bergen County because prices are so high?

Not necessarily—but it does require strategy. With median prices in towns like Ridgewood at $1.9 million and Demarest at $1.4 million, plus countywide competition that pushes many sales above list price, buyers must be prepared. Waiting on the sidelines could mean paying more later if inventory stays tight and values continue to climb, as recent Zillow and Redfin trends suggest. The key is partnering with an experienced local agent who can uncover off‑market or early‑access opportunities and help you craft a clean, compelling offer that is competitive without recklessly overpaying.

2. Why are homes in Ridgewood selling so far over asking price?

Ridgewood is a textbook case of extreme supply and demand imbalance. With less than a 3‑month supply of homes and a constant flow of well‑qualified buyers chasing limited listings, multiple‑offer situations are the norm. When several buyers fall in love with the same property, bidding wars break out, and the final sale price gets pushed dramatically higher. That is why Ridgewood homes closed at an average of 114.9% of list price in June 2026.

3. What does “months of inventory supply” actually mean?

Months of inventory supply estimates how long it would take for all the current homes on the market to sell if no new listings came on. A 5–6 month supply is generally considered a balanced market where neither buyers nor sellers have a strong upper hand. Anything under 4 months—like we are seeing across much of Bergen County right now—signals a tight seller’s market. In that environment, prices tend to rise, days on market shrink, and buyers must act decisively to succeed.

So, Will the Bergen County Housing Market Slow Down?

Based on the June 2026 numbers, a dramatic cooldown does not appear imminent. Countywide, prices are still climbing, homes are selling quickly, and buyers are paying above asking in many segments. That said, early signs—like rising condo and townhome inventory and the nuanced story in Paramus—suggest the market may gradually move toward a more balanced environment over time, especially outside the ultra‑competitive single‑family segment.

For now, Bergen County remains a seller‑favored market, with standout stories in towns such as Ridgewood, Demarest, Ramsey, and Paramus. Whether you are planning to list your home or hoping to buy into one of these communities, your best move is to work with a local expert who can interpret both the headline data and the neighborhood‑level details—and help you time your decision with confidence.

Back to Blog