Ridgefield Park, NJ Housing Market & Real Estate

Buyer's market+63.6% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Ridgefield Park, NJ is $670,000, up 63.6% year-over-year. Homes sell in an average of 91 days with 32 active listings. The market is currently a buyer's market.

$670,000median sale price

Is Ridgefield Park a buyer's or seller's market?

Buyer's market10.7 months of supply91 avg. days on market

Ridgefield Park, NJ is currently a buyer's market, based on 10.7 months of supply and homes selling in about 91 days. How we determine this →

Homes sold

3

Last 12 weeks

Days on market

91

Average pace

Active listings

32

10.7 months supply

Sale-to-list

97.5%

Below asking

Ridgefield Park, NJ market data

Current housing market statistics for Ridgefield Park, NJ
MetricValue
Median sale price$670,000
Median list price$395,250
Year-over-year price change+63.6%
Average days on market91 days
Active inventory32 listings
Months of supply10.7 months
Sale-to-list price ratio97.5%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Ridgefield Park housing market is currently classified as a buyer's market with a median sale price of $670,000. Prices have risen 63.6% compared to last year, with homes spending an average of 91 days on market, indicating 10.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Ridgefield Park

There are currently 32 homes listed for sale in Ridgefield Park, New Jersey. The median listing price is $395K.

Active listings

32

Homes on market

Median list price

$395K

Avg. days on market

91

Days until sale

New this week

14

Newly listed

Price drops:9.4%of listings
Sale-to-list:97.5%

Top public schools in Ridgefield Park

4 schools tracked · 2,040 students

The largest public schools serving Ridgefield Park, 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.

Ridgefield Park Jr Sr High School

Grades 7-12 · 1,157 students

Public

Lincoln Elementary School

Grades PK-6 · 341 students

Public

Roosevelt Elementary School

Grades PK-6 · 338 students

Public

Grant Elementary School

Grades PK-6 · 204 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Ridgefield Park?

The median home sale price in Ridgefield Park is $670,000, up 63.6% from last year.

How long do homes stay on market in Ridgefield Park?

Homes typically spend 91 days on market before going under contract.

Is Ridgefield Park a buyer's or seller's market?

With 10.7 months of supply, Ridgefield Park is currently a buyer's market.

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