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Featured local agent — Ledgewood, NJ
Sarah Mitchell
Compass Real Estate · Ledgewood, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Ledgewood, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$412,000median sale price
How is the Ledgewood, NJ housing market right now?
The median home sale price in Ledgewood, NJ is $412,000, down 9.8% year-over-year. Homes sell in an average of 28 days with 9 active listings. The market is currently a 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 Ledgewood a buyer's or seller's market?
Ledgewood, NJ is currently a seller's market, based on 3.0 months of supply and homes selling in about 28 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
28
Average pace
Active listings
9
3.0 months supply
Sale-to-list
103.1%
Above asking
What does the Ledgewood housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $412,000 |
| Median list price | $475,000 |
| Year-over-year price change | -9.8% |
| Average days on market | 28 days |
| Active inventory | 9 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 103.1% |
| Median price per sq ft | $348/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 6 |
| Listings with a price cut | 33.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Ledgewood by property type?
How the Ledgewood, 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 | $412,000 | $348/sq ft | 3 | 28 days |
| Condo / Co-op | $395,000 | — | 1 | 30 days |
Source: Redfin · Updated monthly
The Ledgewood housing market is currently classified as a seller's market with a median sale price of $412,000. Prices have fallen 9.8% compared to last year, with homes spending an average of 28 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Ledgewood
There are currently 9 homes listed for sale in Ledgewood, New Jersey. The median listing price is $475K.
Active listings
9
Homes on market
Median list price
$475K
Avg. days on market
28
Days until sale
New this week
6
Newly listed
Who lives in Ledgewood?
Population
5,150
Median income
$125,000/yr
Median age
45.3 years
Owner-occupied
83.5%
College grads
62.5%
Avg commute
32.6 min
Source: U.S. Census Bureau ACS
What is it like to live in Ledgewood?
Ledgewood is a community of approximately 5K residents with a median age of 45.3 years.The median household income is $125,000, which reflects a relatively affluent area with strong earning potential. 62.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 83.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Ledgewood offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Ledgewood, NJ?
Want a head-to-head view? Compare Ledgewood side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Ledgewood?
The median home sale price in Ledgewood is $412,000, down 9.8% from last year.
How long do homes stay on market in Ledgewood?
Homes typically spend 28 days on market before going under contract.
What is the median income in Ledgewood?
The median household income is $125,000 per year.
Is Ledgewood a buyer's or seller's market?
With 3.0 months of supply, Ledgewood is currently a seller's market.
What is the median condo price in Ledgewood?
The median condo/co-op sale price in Ledgewood, NJ is $395,000, compared to $412,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Ledgewood?
The median single-family home price in Ledgewood, NJ is $412,000 (about $348 per square foot).
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