The Lake Ridge housing market is somewhat competitive. The median sale price of a home in Lake Ridge was $455K last month, up 8.3% since last year. The median sale price per square foot in Lake Ridge is $235, up 9.8% since last year.
What is the housing market like in Lake Ridge today?
In March 2024, Lake Ridge home prices were up 8.3% compared to last year, selling for a median price of $455K. On average, homes in Lake Ridge sell after 42 days on the market compared to 101 days last year. There were 19 homes sold in March this year, down from 33 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$455,000
+8.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lake Ridge, NJ
$455,000
+8.3%
United States
To compare other locations to the Lake Ridge and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Toms River add value to a home.
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How hot is the Lake Ridge housing market?
Lake Ridge is somewhat competitive. Homes sell in 39 days.
0
100
49
Somewhat Competitive
Redfin Compete Score™
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% below list price and go pending in around 39 days.
Hot homes
can sell for around list price and go pending in around 19 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.8%
+0.6 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lake Ridge, NJ
98.8%
+0.6 pt
United States
Home offer insights for Lake Ridge
Explore recent offers and recently sold homes in Lake Ridge
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lake Ridge housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Ridge.
Risk Factor
Flood Factor - Moderate
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Ridge has a moderate risk of flooding. 73 properties in Lake Ridge are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Lake Ridge. Flood risk is increasing faster than the national average.
98% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Ridge has a moderate risk of wildfire. There are 2,326 properties in Lake Ridge that have some risk of being affected by wildfire over the next 30 years. This represents 98% of all properties in Lake Ridge.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Lake Ridge has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Ridge is most at risk from hurricanes. 2,366 properties in Lake Ridge have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 87 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 100 mph.