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Featured local agent — Bernardsville, NJ
Sarah Mitchell
Compass Real Estate · Bernardsville, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Bernardsville, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$858,400median sale price
How is the Bernardsville, NJ housing market right now?
The median home sale price in Bernardsville, NJ is $858,400, down 22.0% year-over-year. Homes sell in an average of 15 days with 21 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Bernardsville a buyer's or seller's market?
Bernardsville, NJ is currently a seller's market, based on 4.2 months of supply and homes selling in about 15 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
15
Fast-moving
Active listings
21
4.2 months supply
Sale-to-list
110.2%
Above asking
What does the Bernardsville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $858,400 |
| Median list price | $999,000 |
| Year-over-year price change | -22.0% |
| Average days on market | 15 days |
| Active inventory | 21 listings |
| Months of supply | 4.2 months |
| Sale-to-list price ratio | 110.2% |
| Median price per sq ft | $427/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 17 |
| Listings with a price cut | 14.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Bernardsville by property type?
How the Bernardsville, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $904,200 | $448/sq ft | 4 | 14 days |
| Condo / Co-op | $455,000 | — | 1 | 43 days |
Source: Redfin · Updated monthly
The Bernardsville housing market is currently classified as a seller's market with a median sale price of $858,400. Prices have fallen 22.0% compared to last year, with homes spending an average of 15 days on market, indicating 4.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.5x provides context for how home values compare to local earning capacity.
Homes for sale in Bernardsville
There are currently 21 homes listed for sale in Bernardsville, New Jersey. The median listing price is $999K.
Active listings
21
Homes on market
Median list price
$999K
Avg. days on market
15
Days until sale
New this week
17
Newly listed
Who lives in Bernardsville?
Population
7,871
Median income
$231,006/yr
Median age
41.2 years
Owner-occupied
90.0%
College grads
69.5%
Avg commute
27.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Bernardsville?
Zillow home value
$1.04M
Price-to-income
4.5x
Source: Zillow Research
What is it like to live in Bernardsville?
Bernardsville is a community of approximately 8K residents with a median age of 41.2 years.The median household income is $231,006, which reflects a relatively affluent area with strong earning potential. 69.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 90.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Bernardsville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Bernardsville?
3 schools tracked · 1,672 students
The largest public schools serving Bernardsville, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Bernards High School
Grades 9-12 · 796 students
Marion T. Bedwell Elementary School
Grades PK-4 · 441 students
Bernardsville Middle School
Grades 5-8 · 435 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Bernardsville, NJ?
Want a head-to-head view? Compare Bernardsville side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Bernardsville?
The median home sale price in Bernardsville is $858,400, down 22.0% from last year.
How long do homes stay on market in Bernardsville?
Homes typically spend 15 days on market before going under contract.
What is the median income in Bernardsville?
The median household income is $231,006 per year.
Is Bernardsville a buyer's or seller's market?
With 4.2 months of supply, Bernardsville is currently a seller's market.
What is the Zillow home value estimate for Bernardsville?
The Zillow Home Value Index (ZHVI) for Bernardsville is $1.04M, representing the typical home value in the area.
What is the median condo price in Bernardsville?
The median condo/co-op sale price in Bernardsville, NJ is $455,000, compared to $904,200 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Bernardsville?
The median single-family home price in Bernardsville, NJ is $904,200 (about $448 per square foot).
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