Housing Prices in Ridgewood, NJ

How much do homes in Ridgewood, NJ cost?

Median List Price

$1,077,000

$149/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$278,000(+34.8%)

Key Takeaway

The list price of homes in Ridgewood has increased by 34.8% since last year.

Summary: The median home list price in Ridgewood was $1,077,000 in October 2024, up 34.8% from the previous year, and the median price per square foot was $149.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $119.9K-
N/A
2 $579K$419K
-27.6%
3 $682K$799K
+17.2%
4 $950K$1.0M
+15.3%
5+ $1.2M$1.7M
+34.5%

Summary: Ridgewood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.6%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes increased by 34.5%.

Median List Price Compared To Nearby Cities

Ridgewood
+34.8%
Washington Township
+14.3%
Township Of Washington
+10.0%
Glen Rock
+4.2%
Ho-Ho-Kus
-20.0%

Housing Supply in Ridgewood, NJ

How many homes are available in Ridgewood, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2536+44.0%

Summary: The Ridgewood real estate market had 36 homes for sale in October 2024, a 44.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 38
+166.7%
4 1217
+41.7%
5+ 1011
+10.0%

Summary: The Ridgewood housing inventory by bedroom type for October 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 166.7%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes increased by 10%.

Days on Market for Ridgewood, NJ

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

Average Listing Age

Oct 2023Oct 2024CHANGE
117 Days97 Days-17.7%

Summary: Homes in Ridgewood had an average listing age of 97 days in Oct 2024, down by 17.7% compared to the previous year.

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

Report Updated 20 Days Ago

Newest Listings in Ridgewood, NJ

Nearby Markets to Ridgewood, NJ

What housing markets are near Ridgewood, NJ?