Ridgewood Housing Market Report February 2025Bergen County, New Jersey

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Housing Prices in Ridgewood, NJ

How much do homes in Ridgewood, NJ cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$1,059,000$426/SqFt
+$160,000
+17.8%

Based on all homes listed in the last 12 months

Insight

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

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Washington Township
+22.5%
Ridgewood
+17.8%
Township Of Washington
+8.5%
Glen Rock
+3.0%
Ho-Ho-Kus
-39.2%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1--
N/A
2-$549K
N/A
3$694K$875K
+26.1%
4$999K$1.0M
+9.6%
5$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

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange 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

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
212
+100.0%
377
0.0%
4817
+112.5%
579
+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?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price0 Home

Under Asking Price0 Home

Insight

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

Insight

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

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange 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.

Newest Listings in Ridgewood, NJ

What homes are available in Ridgewood, NJ?

MLS Disclaimers and Copyright

Based on information from New Jersey MLS, for the period 03/01/2023 - 03/01/2025

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Information provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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.