Silver Ridge, NJ Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Silver Ridge, NJ is $251,500, down 16.2% year-over-year. Homes sell in an average of 55 days with 8 active listings. The market is currently a balanced market.
$251,500median sale price
Is Silver Ridge a buyer's or seller's market?
Silver Ridge, NJ is currently a balanced market, based on 1.3 months of supply and homes selling in about 55 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
55
Average pace
Active listings
8
1.3 months supply
Sale-to-list
93.5%
Below asking
Silver Ridge, NJ market data
| Metric | Value |
|---|---|
| Median sale price | $251,500 |
| Median list price | $379,900 |
| Year-over-year price change | -16.2% |
| Average days on market | 55 days |
| Active inventory | 8 listings |
| Months of supply | 1.3 months |
| Sale-to-list price ratio | 93.5% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Silver Ridge housing market is currently classified as a balanced market with a median sale price of $251,500. Prices have fallen 16.2% compared to last year, with homes spending an average of 55 days on market, indicating 1.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Silver Ridge
There are currently 8 homes listed for sale in Silver Ridge, New Jersey. The median listing price is $380K.
Active listings
8
Homes on market
Median list price
$380K
Avg. days on market
55
Days until sale
New this week
3
Newly listed
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Frequently asked questions
What is the average home price in Silver Ridge?
The median home sale price in Silver Ridge is $251,500, down 16.2% from last year.
How long do homes stay on market in Silver Ridge?
Homes typically spend 55 days on market before going under contract.
Is Silver Ridge a buyer's or seller's market?
With 1.3 months of supply, Silver Ridge is currently a balanced market.
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