Housing Prices in Ridge, MD
How much do homes in Ridge, MD cost?
Median List Price
$524,900
$200/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Ridge has increased by 16.7% since last year.
Summary: The median home list price in Ridge was $524,900 in May 2024, up 16.7% from the previous year, and the median price per square foot was $200.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $424.9K | $449.9K | +5.9% |
| 3 Bedrooms | $235K | $299.9K | +27.6% |
| 4 Bedrooms | $550K | $575K | +4.5% |
| 5+ Bedrooms | $550K | $1.0M | +87.1% |
Summary: Ridge housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 27.6%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 87.1%.
Median List Price Compared To Nearby Cities
| Ridge | $449.9K | $524.9K | +16.7% |
| Saint Inigoes | $482.4K | $454.4K | -5.8% |
| Scotland | $479K | $439.9K | -8.2% |
| Dameron | $539.9K | $374.9K | -30.6% |
Housing Supply in Ridge, MD
How many homes are available in Ridge, MD?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Summary: The Ridge real estate market had 8 homes for sale in May 2024, a 100.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 3 | +200.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Ridge housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Days on Market for Ridge, MD
How long does it take to sell a home in Ridge, MD?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 70 Days | 68 Days | -2.7% |
Summary: Homes in Ridge had an average listing age of 68 days in May 2024, down by 2.7% compared to the previous year.
