#25005844, Ghada Abbasi, Listing Office: Coldwell Banker, Ridgewood
Ridgewood Housing Market Report February 2025•Bergen County, New Jersey
Housing Prices in Ridgewood, NJ
How much do homes in Ridgewood, NJ cost?
Median List Price
Based on all homes listed in the last 12 months
The list price of homes in Ridgewood has increased by 17.8% since last year.
Summary: The median home list price in Ridgewood was $1,059,000 in February 2025, up 17.8% from the previous year, and the median price per square foot was $426.
Median List Price By Cities
City | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
Washington Township | $359K | $439.9K | +22.5% |
Ridgewood | $899K | $1.0M | +17.8% |
Township Of Washington | $599K | $650K | +8.5% |
Glen Rock | $849K | $874.4K | +3.0% |
Ho-Ho-Kus | $1.5M | $969K | -39.2% |
Median List Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | - | $549K | N/A |
33 Bedrooms | $694K | $875K | +26.1% |
44 Bedrooms | $999K | $1.0M | +9.6% |
55+ Bedrooms | $1.2M | $1.8M | +42.4% |
Summary: Ridgewood housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +26.1%. The home price for 4 bedroom homes increased by +9.6%. The home price for 5 bedroom homes increased by +42.4%.
Housing supply in Ridgewood, NJ
How many homes are available in Ridgewood, NJ?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
35Last MonthFeb 2025 | ||
232 months agoJan 2025 | +52.2 % Change MoMJan – Feb |
Summary: The Ridgewood real estate market had 35 homes for sale in Feb 2025, a 52.2 % increase compared to Jan 2025.
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 1 | 2 | +100.0% |
33 Bedrooms | 7 | 7 | 0.0% |
44 Bedrooms | 8 | 17 | +112.5% |
55+ Bedrooms | 7 | 9 | +28.6% |
Summary: Ridgewood housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +112.5%. The inventory for 5 bedroom homes increased by +28.6%.
Asking Price vs. Sold Price
How much do homes in Ridgewood, NJ cost?
Over Asking Price2 Homes
At Asking Price0 Home
Under Asking Price0 Home
If you're buying a home in Ridgewood, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Ridgewood in February 2025, up by 200.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.
Days on Market for Ridgewood, NJ
How long does it take to sell a home in Ridgewood, NJ?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Many homes in Ridgewood are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 3 homes were sold in Ridgewood; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Listing Age
This Year | 1 year ago | Change YoY |
---|---|---|
30 DaysThis YearFeb 2025 | ||
99 Days1 year agoFeb 2024 | -69.1 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Ridgewood had an average listing age of 30 days in Feb 2025, down by 69.1% compared to the previous year.
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Newest Listings in Ridgewood, NJ
What homes are available in Ridgewood, NJ?
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MLS Disclaimers and Copyright
Based on information from New Jersey MLS, for the period 03/01/2023 - 03/01/2025
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Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 5:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.