Is Berne, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Berne is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Berne has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Berne, NY

How much do homes in Berne, NY cost?

Median Sold Price

$278,500

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$28,500(+11.4%)

Key Takeaway

Homes in Berne have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in Berne was $278,500 in October 2024, up 11.4% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $90K$48.2K
-46.4%
2 $207K$280K
+35.3%
3 $285.7K$278.5K
-2.5%
4 $289.9K$250K
-13.8%
5+ $515K$424.5K
-17.6%

Summary: Berne housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.4%, 2 bedroom homes increased by 35.3%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes decreased by 17.6%.

Median Sold Price Compared To Nearby Cities

Berne
+11.4%
Knox
+7.2%

Housing Supply in Berne, NY

How many homes are available in Berne, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1715-11.8%

Summary: The Berne real estate market had 15 homes for sale in October 2024, a 11.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 43
-25.0%
2 54
-20.0%
3 57
+40.0%
4 31
-66.7%
5+ 00
0.0%

Summary: The Berne housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Berne, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Berne in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Berne, NY

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Berne; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Berne, NY

Nearby Markets to Berne, NY