$8,253 Closing Credit*
$695,000
2,098 SqFt
4 Beds
•2 Full Baths
Sonia Schuster, Listing Office: Keller Williams Realty
Is Ridgefield, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Ridgefield has remained a Seller's Market.
Key Takeaway
Ridgefield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ridgefield, CT
How much do homes in Ridgefield, CT cost?
Median Sold Price
$925,000
$350/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,500(+3.1%)
Key Takeaway
Homes in Ridgefield have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Ridgefield was $925,000 in October 2024, up 3.1% from last year, and the median price per square foot was $350.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $339K | +25.6% |
| 2 Bedrooms | $565.5K | $560K | -1.0% |
| 3 Bedrooms | $692.5K | $750K | +8.3% |
| 4 Bedrooms | $1.0M | $1.1M | +0.9% |
| 5+ Bedrooms | $1.5M | $1.6M | +6.7% |
Summary: Ridgefield housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.6%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 6.7%.
Median Sold Price Compared To Nearby Cities
| Wilton | $1.0M | $1.1M | +10.1% |
| Redding | $794.9K | $863K | +8.6% |
| South Salem | $775K | $815K | +5.2% |
| Danbury | $420K | $441.3K | +5.1% |
| Ridgefield | $897.5K | $925K | +3.1% |
Housing Supply in Ridgefield, CT
How many homes are available in Ridgefield, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 95 | 96 | +1.1% |
Summary: The Ridgefield real estate market had 96 homes for sale in October 2024, a 1.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 17 | 13 | -23.5% |
| 3 Bedrooms | 22 | 20 | -9.1% |
| 4 Bedrooms | 29 | 33 | +13.8% |
| 5+ Bedrooms | 21 | 23 | +9.5% |
Summary: The Ridgefield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 23.5%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 9.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ridgefield, you could pay more than the asking price. 59.1% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in Ridgefield in October 2024, the same as the previous month. Of the 22 sold homes, 32% were sold under asking, 9% were sold at asking, and 59% were sold over asking.
Days on Market for Ridgefield, CT
We’re sorry, we don't have information for this market at the moment
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