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Featured local agent — Glen Ridge, NJ
Sarah Mitchell
Compass Real Estate · Glen Ridge, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Glen Ridge, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$789,535median sale price
How is the Glen Ridge, NJ housing market right now?
The median home sale price in Glen Ridge, NJ is $789,535, down 37.1% year-over-year. Homes sell in an average of 15 days with 11 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Glen Ridge a buyer's or seller's market?
Glen Ridge, NJ is currently a strong seller's market, based on 1.8 months of supply and homes selling in about 15 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
15
Fast-moving
Active listings
11
1.8 months supply
Sale-to-list
126.0%
Above asking
What does the Glen Ridge housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $789,535 |
| Median list price | $1.15M |
| Year-over-year price change | -37.1% |
| Average days on market | 15 days |
| Active inventory | 11 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 126.0% |
| Median price per sq ft | $646/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 12 |
| Listings with a price cut | 9.1% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Glen Ridge by property type?
How the Glen Ridge, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.26M | $667/sq ft | 4 | 13 days |
| Condo / Co-op | $265,000 | $487/sq ft | 2 | 47 days |
| Townhouse | $1.23M | — | 1 | 31 days |
Source: Redfin · Updated monthly
The Glen Ridge housing market is currently classified as a strong seller's market with a median sale price of $789,535. Prices have fallen 37.1% compared to last year, with homes spending an average of 15 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.9x provides context for how home values compare to local earning capacity.
Homes for sale in Glen Ridge
There are currently 11 homes listed for sale in Glen Ridge, New Jersey. The median listing price is $1.1M.
Active listings
11
Homes on market
Median list price
$1.1M
Avg. days on market
15
Days until sale
New this week
12
Newly listed
Who lives in Glen Ridge?
Population
7,827
Median income
$248,016/yr
Median age
41.1 years
Owner-occupied
93.0%
College grads
83.4%
Avg commute
38.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Glen Ridge?
Zillow home value
$1.21M
Zillow rent index
$4,700/mo
Price-to-rent ratio
21.4x
Price-to-income
4.9x
Source: Zillow Research
What is it like to live in Glen Ridge?
Glen Ridge is a community of approximately 8K residents with a median age of 41.1 years.The median household income is $248,016, which reflects a relatively affluent area with strong earning potential. 83.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 93.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 38.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Glen Ridge offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Glen Ridge?
5 schools tracked · 1,789 students
The largest public schools serving Glen Ridge, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Glen Ridge High School
Grades 7-12 · 811 students
Ridgewood Avenue School
Grades 3-6 · 539 students
Linden Avenue School
Grades PK-2 · 158 students
Forest Avenue School
Grades PK-2 · 145 students
Central School
Grades PK-2 · 136 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Glen Ridge, NJ?
Want a head-to-head view? Compare Glen Ridge side-by-side with any other U.S. city using our market-comparison tool.
Is Glen Ridge a good real estate investment market?
For investors evaluating Glen Ridge, the price-to-rent ratio of 21.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 37.1% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Glen Ridge's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Glen Ridge's median home price.
Frequently asked questions
What is the average home price in Glen Ridge?
The median home sale price in Glen Ridge is $789,535, down 37.1% from last year.
How long do homes stay on market in Glen Ridge?
Homes typically spend 15 days on market before going under contract.
What is the median income in Glen Ridge?
The median household income is $248,016 per year.
Is Glen Ridge a buyer's or seller's market?
With 1.8 months of supply, Glen Ridge is currently a strong seller's market.
What is the Zillow home value estimate for Glen Ridge?
The Zillow Home Value Index (ZHVI) for Glen Ridge is $1.21M, representing the typical home value in the area.
What is the median condo price in Glen Ridge?
The median condo/co-op sale price in Glen Ridge, NJ is $265,000, compared to $1.26M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Glen Ridge?
The median single-family home price in Glen Ridge, NJ is $1.26M (about $667 per square foot).
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