May 2024

Ridgeway Housing Market Report Orleans County, New York

Report Updated 1 Day Ago

Housing Prices in Ridgeway, NY

How much do homes in Ridgeway, NY cost?

Median List Price

$140,500

$94/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

+$10,600(+8.2%)

Key Takeaway

The list price of homes in Ridgeway has increased by 8.2% since last year.

Summary: The median home list price in Ridgeway was $140,500 in May 2024, up 8.2% from the previous year, and the median price per square foot was $94.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	May 2023	May 2024	CHANGE
1 Bedroom	$59.9K	$79.9K	+33.4%
2 Bedrooms	$109.7K	$122.9K	+12.0%
3 Bedrooms	$129.9K	$139.9K	+7.7%
4 Bedrooms	$157.4K	$219.2K	+39.3%
5+ Bedrooms	$115K	$169.9K	+47.7%

Summary: Ridgeway housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.4%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 39.3%, and 5+ bedroom homes increased by 47.7%.

Median List Price Compared To Nearby Cities

CITY	May 2023	May 2024	CHANGE
Yates	$157.4K	$219K	+39.1%
Medina	$129.9K	$149K	+14.7%
Ridgeway	$129.9K	$140.5K	+8.2%
Shelby	$151.9K	$149.4K	-1.6%

Housing Supply in Ridgeway, NY

How many homes are available in Ridgeway, NY?

Number of Homes For Sale

Apr 2024	May 2024	CHANGE
12	7	-41.7%

Summary: The Ridgeway real estate market had 7 homes for sale in May 2024, a 41.7% decrease 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	1	+100.0%
3 Bedrooms	8	4	-50.0%
4 Bedrooms	3	1	-66.7%
5+ Bedrooms	1	1	0.0%

Summary: The Ridgeway 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 increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Days on Market for Ridgeway, NY

How long does it take to sell a home in Ridgeway, NY?

Average Listing Age

May 2023	May 2024	CHANGE
161 Days	258 Days	+60.4%

Summary: Homes in Ridgeway had an average listing age of 258 days in May 2024, up by 60.4% compared to the previous year.

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

Report Updated 1 Day Ago

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Newest Listings in Ridgeway, NY

Nearby Markets to Ridgeway, NY

MLS Disclaimers and Copyright

Based on information from New York State Alliance of MLS for the period 06/01/2022 - 06/01/2024

IDX The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/2/2024, 12:55:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.