$9,464 Closing Credit*
$797,000
3 Beds
•1 Full Bath, 1 Partial
Enid O'Donnell Joseph, Listing Office: Tarvin Realtors
Housing Prices in Ridgewood, NJ
How much do homes in Ridgewood, NJ cost?
Median List Price
$1,029,500
$332/sqft
Based on all homes listed in the last 12 months.
Difference Since August 2023
+$260,500(+33.9%)
Key Takeaway
The list price of homes in Ridgewood has increased by 33.9% since last year.
Summary: The median home list price in Ridgewood was $1,029,500 in August 2024, up 33.9% from the previous year, and the median price per square foot was $332.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $119.9K | - | N/A |
| 2 Bedrooms | $579K | $419K | -27.6% |
| 3 Bedrooms | $689K | $744K | +8.0% |
| 4 Bedrooms | $899.9K | $989K | +9.9% |
| 5+ Bedrooms | $1.0M | $1.7M | +64.1% |
Summary: Ridgewood housing prices by bedroom type for August 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 8%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 64.1%.
Median List Price Compared To Nearby Cities
| Ridgewood | $769K | $1.0M | +33.9% |
| Washington Township | $350K | $395K | +12.9% |
| Township Of Washington | $599K | $639.9K | +6.8% |
| Glen Rock | $810K | $849K | +4.8% |
| Ho-Ho-Kus | $1.2M | $899K | -30.6% |
Housing Supply in Ridgewood, NJ
How many homes are available in Ridgewood, NJ?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 24 | 29 | +20.8% |
Summary: The Ridgewood real estate market had 29 homes for sale in August 2024, a 20.8% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 8 | 14 | +75.0% |
Summary: The Ridgewood housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 75%.
Days on Market for Ridgewood, NJ
How long does it take to sell a home in Ridgewood, NJ?
Average Listing Age
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 102 Days | 93 Days | -8.7% |
Summary: Homes in Ridgewood had an average listing age of 93 days in Aug 2024, down by 8.7% compared to the previous year.
