Ridgewood, NJ Housing Market
The Ridgewood housing market is somewhat competitive. The median sale price of a home in Ridgewood was $795K last month, down 14.1% since last year. The median sale price per square foot in Ridgewood is $476, up 19.7% since last year.
Ridgewood Housing Market Trends
In February 2024, Ridgewood home prices were down 14.1% compared to last year, selling for a median price of $795K. On average, homes in Ridgewood sell after 71 days on the market compared to 55 days last year. There were 8 homes sold in February 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 Ridgewood 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 3 months
- Some homes get multiple offers.
- The average homes sell for about 5% above list price and go pending in around 71 days.
- Hot homescan sell for about 15% above list price and go pending in around 48 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 1% above list price and go pending in around 112 days.
- Hot homescan sell for about 5% above list price and go pending in around 49 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 4% above list price and go pending in around 67 days.
- Hot homescan sell for about 9% above list price and go pending in around 33 days.
Ridgewood Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Ridgewood from outside metros.
- San Francisco homebuyers searched to move into Ridgewood more than any other metro followed by Springfield and Lincoln.
- 70% of Ridgewood homebuyers searched to stay within the Ridgewood metropolitan area.
- Miami was the most popular destination among Ridgewood homebuyers followed by Philadelphia and Washington.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Dec '23 - Feb '24 | ||
1 | 135 | ||
2 | 12 | ||
3 | 4 | ||
4 | 3 | ||
5 | 2 | ||
6 | 1 | ||
7 | 1 | ||
8 | 1 | ||
9 | 1 | ||
10 | 1 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Dec '23 - Feb '24 | ||
1 | 6,551 | ||
2 | 3,980 | ||
3 | 2,921 | ||
4 | 2,561 | ||
5 | 2,147 | ||
6 | 1,686 | ||
7 | 1,520 | ||
8 | 1,466 | ||
9 | 1,427 | ||
10 | 1,420 |
Home offer insights for Ridgewood
Recent offers
View houses in Ridgewood that sold recently
Recently sold homes
- $1,150,000 Last Sold Price4 beds2.5 baths—sq ft25 E Glen Ave, Ridgewood, NJ 07450Keller Williams Village Square Realty Keller Williams Village Square RealtyList Price$1,050,000Sale to List10% over listDays on Market38 days25 E Glen Ave, Ridgewood, NJ 07450
- $1,050,000 Last Sold Price4 beds3 baths—sq ft265 Walthery Ave, Ridgewood, NJ 07450A.J. Cali Real Estate Coldwell Banker, Fort LeeList Price$995,000Sale to List6% over listDays on Market38 days265 Walthery Ave, Ridgewood, NJ 07450
- $765,000 Last Sold Price3 beds2.5 baths2,632 sq ft1 Durar Ave #1, Ridgewood, NJ 07450Coldwell Banker, Ridgewood Coldwell Banker, RidgewoodList Price$799,999Sale to List4% under listDays on Market71 days1 Durar Ave #1, Ridgewood, NJ 07450
- $600,000 Last Sold Price4 beds1.5 baths—sq ft12 Salrit Ave, Waldwick, NJ 07463Coldwell Banker, Allendale/Saddle River Valley Keller Williams Village Square RealtyList Price$638,000Sale to List6% under listDays on Market67 days12 Salrit Ave, Waldwick, NJ 07463
- $420,000 Last Sold Price3 beds1.5 baths—sq ft69 Wyckoff Ave, Waldwick, NJ 07463Liberty 100 Realty Terrie O'Connor Realtors-RidgewoodList Price$300,000Sale to List40% over listDays on Market35 days69 Wyckoff Ave, Waldwick, NJ 07463
- $825,000 Last Sold Price3 beds1.5 baths1,623 sq ft57 Clinton Ave, Ridgewood, NJ 07450Terrie O'Connor Realtors-Ridgewood Coldwell Banker, RidgewoodList Price$819,000Sale to List1% over listDays on Market117 days57 Clinton Ave, Ridgewood, NJ 07450
- $1,130,000 Last Sold Price4 beds4 baths—sq ft529 Jemco Pl, Ridgewood, NJ 07450Keller Williams Village Square Realty Coldwell Banker, RidgewoodList Price$899,000Sale to List26% over listDays on Market40 days529 Jemco Pl, Ridgewood, NJ 07450
- $1,450,000 Last Sold Price5 beds4.5 baths—sq ft315 Racetrack Rd, Ho-ho-kus, NJ 07423Christie's International Real Estate Group-Franklin Lakes Keller Williams Valley RealtyList Price$1,475,000Sale to List2% under listDays on Market70 days315 Racetrack Rd, Ho-ho-kus, NJ 07423
See all recently sold homes in Ridgewood.
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Schools in Ridgewood
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Travell Elementary School Public • K-5 | 392 Students | 6 reviews |
9/10 Somerville Elementary School Public • K-5 | 420 Students | 6 reviews |
9/10 Willard Elementary School Public • K-5 | 485 Students | 5 reviews |
9/10 Central Elementary School Public • K-5 | 340 Students | 2 reviews |
9/10 Richard E. Byrd Elementary School Public • K-5 | 272 Students | 3 reviews |
Climate's impact on Ridgewood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Ridgewood.
Flood Factor - Moderate
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Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
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Transportation in Ridgewood
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Transit Score®
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