Is East Berne, NY 12059 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

East Berne is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list97.4%Sold price ÷ list price
Median days on market26Listing to accepted offer
Median price per sq ft$215▲ +34.2% vs. last year

The East Berne housing market right now

In the three months ending August 31, 2026, 25% of homes in East Berne, NY 12059 sold above their list price, the typical home went under contract in 26 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 40%, homes sold more slowly (12 days then) and the median sale price rose 14% to $381,835. Overall, East Berne is less competitive than a year ago, which gives buyers more room.

Within Albany County, homes here sell more slowly than in 90% of the county’s ZIP codes, and sell less often over asking than in 90%.

Nearby, buyers who want less competition could look at Albany 12207 (0% sold over asking) or Rensselaerville 12147 (0% sold over asking), while Guilderland 12084 (100% sold over asking) and South Bethlehem 12161 (100% sold over asking) are even more competitive.

Nearby markets

Albany 12202Seller’s market $118 /sq ftAlbany 12203Seller’s market $213 /sq ftAlbany 12204Seller’s market $211 /sq ftAlbany 12205Seller’s market $245 /sq ft Browse all markets →

Where East Berne is

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Questions about East Berne real estate

Is East Berne a buyer’s or seller’s market?

A balanced market: there were 4.8 months of supply in East Berne, NY 12059 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in East Berne?

The typical home went under contract in 26 days in the latest three months.

Do homes in East Berne sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.

What are property taxes in East Berne?

About 1.77% of a home’s value a year in Albany County, or roughly $7,080 on a $400,000 home.

What is the median home price in East Berne?

The median sale price was $381,835 in the three months ending August 31, 2026, about $215 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology