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BERNARDSVILLE, NJ 07924

Real Estate Market Report  ·  Somerset County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The BERNARDSVILLE, NJ real estate market (07924) currently shows 22 active listings, with 7 pending sales. Homes are averaging 81 days on the market before going under contract.

Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 81 days on market compared to 40 days last year.

The median listing price has risen 33.8% year-over-year, from $1,747,250 to $2,337,500.

Whether you are buying or selling in BERNARDSVILLE, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 7,746  ·  Density: 249.9/mi²  ·  Median household income: $218,971

Typical home value: $715,699  ·  Homeownership: 88.7%

Market Overview

Active Listings
22
⇩ 37.1% vs 35 last year
Pending
7
32% pending ratio
Median Price
$2,337,500
⇧ 33.8% vs $1,747,250 last year
Average Price
$3,095,618
⇧ 25.8% vs $2,461,375 last year
Days on Market
81
⇧ 102.5% vs 40 days last year

Price Per Square Foot

Median $/sqft
$501
⇩ 5.8% vs $532/sqft last year
Median Home Size
8,003 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 22 this year vs 35 last year
  • Days on market: 81 now vs 40 last year

Median & Average Pricing

Year over Year
  • Median: $2,337,500 (+33.8% YoY)
  • Average: $3,095,618 (+25.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.6 miles — 213 listings ($336,757,438 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07924Bernardsville, NJ 079240.0 mi22$67,202,652$2,273,750$3,054,666
07920Basking Ridge, NJ 079203.5 mi38$35,803,448$499,000$942,196
07931Far Hills, NJ 079313.8 mi22$67,656,292$2,412,750$3,075,286
07946Millington, NJ 079465.4 mi3$2,173,500$724,500$724,500
07980Stirling, NJ 079806.1 mi4$3,087,800$771,950$771,950
07930Chester, NJ 079306.4 mi13$15,664,558$1,099,725$1,204,966
07933Gillette, NJ 079336.9 mi5$3,947,835$508,750$789,567
07979Pottersville, NJ 079797.2 mi1$749,900$749,900$749,900
07869Randolph, NJ 078698.2 mi37$36,801,828$793,570$994,644
08836Martinsville, NJ 088369.2 mi6$4,319,400$719,900$719,900
07928Chatham, NJ 079289.2 mi39$84,926,205$1,916,000$2,177,595
07876Succasunna, NJ 078769.4 mi18$10,631,520$599,950$590,640
07927Cedar Knolls, NJ 079279.6 mi5$3,792,500$758,500$758,500

Frequently Asked Questions

How many homes are for sale in BERNARDSVILLE, NJ 07924?

As of April 2026, there are 22 active listings in BERNARDSVILLE, NJ (zip code 07924), compared to 35 the prior year.

What is the median home price in BERNARDSVILLE, NJ 07924?

The median listing price in BERNARDSVILLE, NJ 07924 is $2,337,500 as of April 2026, a 33.8% increase from $1,747,250 the prior year.

How long do homes stay on the market in BERNARDSVILLE, NJ?

Homes in BERNARDSVILLE, NJ 07924 spend an average of 81 days on the market before going under contract, compared to 40 days the prior year.

Is it a seller's or buyer's market in BERNARDSVILLE, NJ 07924?

Based on current inventory and days-on-market data as of April 2026, BERNARDSVILLE, NJ 07924 is currently a Balanced Market. Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 81 days on market compared to 40 days last year.

How much can I save on real estate commission in BERNARDSVILLE, NJ?

With SELL123.com's maximum 3% commission, sellers in BERNARDSVILLE, NJ 07924 save an estimated $46,750 compared to a typical 5% commission on the median listing price of $2,337,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.