$1,483 Closing Credit*
$124,900
1,040 SqFt
3 Beds
Theodore Banta III, Listing Office: RVW Select Properties
Is Berne, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Berne has remained a Seller's Market.
Key Takeaway
Berne is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Berne, NY
How much do homes in Berne, NY cost?
Median Sold Price
$265,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$12,500(-4.5%)
Key Takeaway
Homes in Berne have sold for 4.5% less than they did a year ago.
Summary: The median home sold price in Berne was $265,000 in November 2024, down 4.5% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $51.4K | -42.9% |
| 2 Bedrooms | $232.5K | $257K | +10.5% |
| 3 Bedrooms | $285.7K | $283.6K | -0.7% |
| 4 Bedrooms | $299.9K | $120K | -60.0% |
| 5+ Bedrooms | $515K | $424.5K | -17.6% |
Summary: Berne housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.9%, 2 bedroom homes increased by 10.5%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes decreased by 17.6%.
Median Sold Price Compared To Nearby Cities
| Westerlo | $290K | $370K | +27.6% |
| Berne | $277.5K | $265K | -4.5% |
| Knox | $337.5K | $291.8K | -13.5% |
Housing Supply in Berne, NY
How many homes are available in Berne, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Summary: The Berne real estate market had 12 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Berne housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Berne, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Berne in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Berne, NY
How long does it take to sell a home in Berne, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 57 Days | 45 Days | -21.9% |
Summary: Homes in Berne had an average of 45 days on market in Nov 2024, down by 21.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Berne has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Berne; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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