Housing Prices in Ridgewood, NJ
How much do homes in Ridgewood, NJ cost?
Median List Price
$982,500
$361/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Ridgewood has increased by 18.5% since last year.
Summary: The median home list price in Ridgewood was $982,500 in March 2024, up 18.5% from the previous year, and the median price per square foot was $361.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $119.9K | - | N/A |
| 2 Bedrooms | $499.9K | - | N/A |
| 3 Bedrooms | $699.4K | $682K | -2.5% |
| 4 Bedrooms | $899K | $994.5K | +10.6% |
| 5+ Bedrooms | $1.1M | $1.4M | +24.2% |
Summary: Ridgewood 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 did not change, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 24.2%.
Median List Price Compared To Nearby Cities
| Ho-Ho-Kus | $1.1M | $1.5M | +37.4% |
| Ridgewood | $829K | $982.5K | +18.5% |
| Glen Rock | $769K | $879K | +14.3% |
| Township Of Washington | $619.9K | $669.9K | +8.1% |
| Washington Township | $349.9K | $369.9K | +5.7% |
Housing Supply in Ridgewood, NJ
How many homes are available in Ridgewood, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 25 | +56.3% |
Summary: The Ridgewood real estate market had 25 homes for sale in March 2024, a 56.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 5 | 12 | +140.0% |
Summary: The Ridgewood 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 increased by 100%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 140%.
Days on Market for Ridgewood, NJ
How long does it take to sell a home in Ridgewood, NJ?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 88 Days | 81 Days | -8.8% |
Summary: Homes in Ridgewood had an average listing age of 81 days in Mar 2024, down by 8.8% compared to the previous year.
