Housing Prices in Park Ridge, NJ

How much do homes in Park Ridge, NJ cost?

Median List Price

$779,000

-

Based on all homes listed in the last 12 months.

Difference Since November 2023

-$196,000(-20.1%)

Key Takeaway

The list price of homes in Park Ridge has decreased by 20.1% since last year.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$499K
N/A
3 $732.4K$779K
+6.4%
4 $699K$767.4K
+9.8%
5+ $1.2M$1.4M
+18.1%

Summary: Park Ridge housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 18.1%.

Median List Price Compared To Nearby Cities

Montvale
+10.0%
River Vale Township
+7.8%
Hillsdale
0.1%
Woodcliff Lake
-14.1%
Park Ridge
-20.1%

Housing Supply in Park Ridge, NJ

How many homes are available in Park Ridge, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
710+42.9%

Summary: The Park Ridge real estate market had 10 homes for sale in November 2024, a 42.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 11
0.0%
4 24
+100.0%
5+ 43
-25.0%

Summary: The Park Ridge housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 25%.

Days on Market for Park Ridge, NJ

How long does it take to sell a home in Park Ridge, NJ?

Average Listing Age

Nov 2023Nov 2024CHANGE
137 Days56 Days-58.9%

Summary: Homes in Park Ridge had an average listing age of 56 days in Nov 2024, down by 58.9% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Park Ridge, NJ

Nearby Markets to Park Ridge, NJ

What housing markets are near Park Ridge, NJ?