Park Ridge, NJ Housing Market
The Park Ridge housing market is somewhat competitive. The median sale price of a home in Park Ridge was $830K last month, up 41.2% since last year. The median sale price per square foot in Park Ridge is $588, up 59.3% since last year.
Park Ridge Housing Market Trends
In March 2024, Park Ridge home prices were up 41.2% compared to last year, selling for a median price of $830K. On average, homes in Park Ridge sell after 9 days on the market compared to 59 days last year. There were 1 homes sold in March this year, down from 10 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Park Ridge housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Some homes get multiple offers.
- The average homes sell for about 1% above list price and go pending in around 69 days.
- Hot homescan sell for about 5% above list price and go pending in around 53 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 2% above list price and go pending in around 100 days.
- Hot homescan sell for about 7% above list price and go pending in around 51 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Multiple offers are rare.
- The average homes sell for about 3% below list price and go pending in around 162 days.
- Hot homescan sell for about 3% above list price and go pending in around 48 days.
Park Ridge Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Park Ridge from outside metros.
- Peoria homebuyers searched to move into Park Ridge more than any other metro followed by Springfield and Lincoln.
- 70% of Park Ridge homebuyers searched to stay within the Park Ridge metropolitan area.
- Miami was the most popular destination among Park Ridge homebuyers followed by Philadelphia and Washington.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 6 | ||
2 | 5 | ||
3 | 5 | ||
4 | 2 | ||
5 | 2 | ||
6 | 1 | ||
7 | 1 | ||
8 | 0 | ||
9 | 0 | ||
10 | 0 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 6,754 | ||
2 | 4,058 | ||
3 | 3,185 | ||
4 | 2,755 | ||
5 | 2,367 | ||
6 | 2,152 | ||
7 | 1,814 | ||
8 | 1,636 | ||
9 | 1,547 | ||
10 | 1,491 |
Home offer insights for Park Ridge
Recent offers
View houses in Park Ridge that sold recently
Recently sold homes
- $705,000 Last Sold Price2 beds2 baths—sq ft50 2nd St, Park Ridge, NJ 07656Coldwell Banker, Ridgewood Keller Williams Village Square Realty - WyckoffList Price$589,900Sale to List20% over listDays on Market75 days50 2nd St, Park Ridge, NJ 07656
- $610,000 Last Sold Price3 beds1 bath—sq ft36 Rivervale Rd, Park Ridge, NJ 07656Keller Williams Valley Realty Keller Williams Valley RealtyList Price$579,000Sale to List5% over listDays on Market66 days36 Rivervale Rd, Park Ridge, NJ 07656
- $585,000 Last Sold Price2 beds2 baths—sq ft37 N Maple Ave, Park Ridge, NJ 07656Christie's International Real Estate Group-Mahwah/Saddle River Regional Office Howard Hanna Rand Realty, Jersey CityList Price$525,000Sale to List11% over listDays on Market73 days37 N Maple Ave, Park Ridge, NJ 07656
- $780,000 Last Sold Price4 beds3 baths—sq ft21 Fairview Ave, Park Ridge, NJ 07656Keller Williams Valley Realty Howard Hanna Rand RealtyList Price$735,000Sale to List6% over listDays on Market64 days21 Fairview Ave, Park Ridge, NJ 07656
- $1,839,000 Last Sold Price5 beds5 baths—sq ft25 Terry Ct, Montvale, NJ 07645Christie's International Real Estate Group-Paramus Coldwell Banker, Fort LeeList Price$1,839,000Sale to List0% over listDays on Market69 days25 Terry Ct, Montvale, NJ 07645
- $625,000—beds—baths692 sq ft8 Willet St, Park Ridge, NJ 07656Days on Market—8 Willet St, Park Ridge, NJ 07656
- $620,000—beds—baths2,057 sq ft60 Fremont Ave, Park Ridge, NJ 07656Days on Market—60 Fremont Ave, Park Ridge, NJ 07656
- $830,000 Last Sold Price3 beds2 baths—sq ft74 Degroff Pl, Park Ridge, NJ 07656EXP Realty, LLC Christie's International Real Estate Group-Mahwah/Saddle River Regional OfficeList Price$779,000Sale to List7% over listDays on Market53 days74 Degroff Pl, Park Ridge, NJ 07656
See all recently sold homes in Park Ridge.
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Schools in Park Ridge
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Dorchester Elementary School Public • PreK-5 | 464 Students | 4 reviews |
6/10 Memorial Elementary School Public • PreK-4 | 519 Students | 4 reviews |
6/10 East Brook Elementary School Public • K-6 | 311 Students | 4 reviews |
6/10 West Ridge Elementary School Public • PreK-6 | 350 Students | 4 reviews |
Climate's impact on Park Ridge housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Park Ridge.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Park Ridge
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