The Eagle Ridge housing market is very competitive. The median sale price of a home in Eagle Ridge was $587K last month, up 15.3% since last year. The median sale price per square foot in Eagle Ridge is $300, up 19.0% since last year.
What is the housing market like in Eagle Ridge today?
In May 2024, Eagle Ridge home prices were up 15.3% compared to last year, selling for a median price of $587K. On average, homes in Eagle Ridge sell after 58 days on the market compared to 5 days last year. There were 9 homes sold in May this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$587,000
+15.3% YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
Eagle Ridge, NJ
$587,000
+15.3%
United States
To compare other locations to the Eagle Ridge and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Montclair add value to a home.
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How hot is the Eagle Ridge housing market?
Eagle Ridge is very competitive. Homes sell in 39.5 days.
0
100
75
Very 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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 7% above list price and go pending in around 40 days.
Hot homes
can sell for about 14% above list price and go pending in around 14 days.
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 Eagle Ridge housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Eagle Ridge.
Risk Factor
Flood Factor - Minor
We’re working on getting current and accurate flood risk information
Flood Factor
Eagle Ridge has a minor risk of flooding. properties in Eagle Ridge are likely to be
severely affected
by flooding over the next 30 years. This represents <1% of all properties in Eagle Ridge. Flood risk is increasing at the same pace as the national average.
69% of properties are at risk of wildfire over the next 30 years
Fire Factor
Eagle Ridge has a moderate risk of wildfire. There are 325 properties in Eagle Ridge that have some risk of being affected by wildfire over the next 30 years. This represents 69% of all properties in Eagle Ridge.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Eagle Ridge has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Eagle Ridge is most at risk from hurricanes. 465 properties in Eagle 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 78 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 86 mph.