The real estate market in the New York metropolitan area is always abuzz with activity, and two of the most popular counties, Bergen and Westchester, are no exception. As we approach 2026, buyers and sellers are eager to know what the future holds for these regions. At Opulist, our team of experts is dedicated to providing the most up-to-date information and insights to help you navigate the market with confidence. In this article, we'll compare the Bergen and Westchester counties, examining the current market trends, factors influencing price changes, and what you can expect in the coming year.
Current Market Trends
The current market trends in Bergen and Westchester counties are shaped by a variety of factors, including housing inventory, interest rates, and local economic conditions. In Bergen County, the median sales price has been steadily increasing over the past few years, with a current average of around $640,000. In contrast, Westchester County has seen a more moderate increase, with a median sales price of approximately $830,000. Our Opulence Realty Group team has observed that the demand for housing in both counties remains high, driven by their excellent schools, convenient commute options, and desirable quality of life.
Bergen County Market Trends
Bergen County's real estate market is characterized by a mix of suburban and urban areas, with a diverse range of housing options. The county's proximity to New York City, excellent schools, and relatively affordable prices make it an attractive choice for families and commuters. However, the market is highly competitive, with multiple offers and bidding wars common in popular areas. Our Opulence Home Equity team notes that mortgage rates and financing options play a significant role in the purchasing decisions of buyers in Bergen County.
Westchester County Market Trends
Westchester County, on the other hand, is known for its more affluent communities, with a higher median sales price and a greater emphasis on luxury properties. The county's strong economy, excellent schools, and scenic landscapes make it a desirable destination for families and professionals. However, the market is also highly competitive, with a limited supply of affordable housing options. Our team at Opulist has observed that buyers in Westchester County often prioritize factors such as school district, commute time, and community amenities when making their purchasing decisions.
Factors Influencing Price Changes
Several factors will influence price changes in Bergen and Westchester counties in 2026. These include interest rates, housing inventory, local economic conditions, and government policies. As a real estate and mortgage expert, our Opulist Team is well-versed in these factors and can provide guidance on how they may impact your buying or selling decisions. For example, changes in interest rates can affect mortgage affordability, while shifts in local economic conditions can influence the demand for housing.
Interest Rates and Mortgage Options
Interest rates play a crucial role in the real estate market, as they directly impact mortgage affordability. As a licensed Mortgage Lender and Broker, Opulence Home Equity is dedicated to providing our clients with the best possible financing options. Our team of experienced loan officers can help you navigate the complex world of mortgages, from forward mortgages to reverse mortgages. By working closely with our Opulence Realty Group team, we can offer buydown opportunities and other creative financing solutions to make your dream home a reality.
2026 Forecast: Where Prices Are Heading
Based on current market trends and factors influencing price changes, our Opulist Team predicts that Bergen County will experience a moderate increase in prices, with a forecasted growth rate of around 3-5%. In contrast, Westchester County is expected to see a more modest increase, with a forecasted growth rate of approximately 2-4%. These predictions are subject to change, and our team will continue to monitor the market and provide updates as necessary.
As we look to the future, it's essential to remember that the real estate market is constantly evolving. At Opulist, our team of experts is dedicated to providing you with the most up-to-date information and insights to help you navigate the market with confidence. Whether you're a buyer or seller, our unique combination of real estate and mortgage services can help you achieve your goals. With our AI search capabilities and in-house loan officers, we're committed to making your home buying or selling experience as seamless and stress-free as possible. As you consider your options in Bergen and Westchester counties, remember that our Opulist Team is here to guide you every step of the way, providing personalized support and expertise to ensure that you find your perfect home.
