Housing Prices in Ridge, MD
How much do homes in Ridge, MD cost?
Median List Price
$374,950
$183/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Ridge has increased by 31.1% since last year.
Summary: The median home list price in Ridge was $374,950 in March 2024, up 31.1% from the previous year, and the median price per square foot was $183.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $535K | N/A |
| 2 Bedrooms | $399.9K | $449.9K | +12.5% |
| 3 Bedrooms | $230K | $285.9K | +24.3% |
| 4 Bedrooms | $550K | $575K | +4.5% |
| 5+ Bedrooms | $550K | $1.2M | +127.3% |
Summary: Ridge housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 24.3%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 127.3%.
Median List Price Compared To Nearby Cities
| Ridge | $285.9K | $374.9K | +31.1% |
| Scotland | $479K | $472.4K | -1.4% |
| Dameron | $465K | $420K | -9.7% |
| Saint Inigoes | $482.4K | $419.7K | -13.0% |
Housing Supply in Ridge, MD
How many homes are available in Ridge, MD?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The Ridge real estate market had 8 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Ridge housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for Ridge, MD
How long does it take to sell a home in Ridge, MD?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 177 Days | 306 Days | +72.6% |
Summary: Homes in Ridge had an average listing age of 306 days in Mar 2024, up by 72.6% compared to the previous year.
