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Sarah Mitchell

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Compass Real Estate · Wood-Ridge, NJ

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Wood-Ridge, NJ(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Wood-Ridge, NJ Housing Market & Real Estate

Balanced market-8.6% YoY

Housing market overview · Updated monthly ·

$647,000median sale price

How is the Wood-Ridge, NJ housing market right now?

The median home sale price in Wood-Ridge, NJ is $647,000, down 8.6% year-over-year. Homes sell in an average of 72 days with 38 active listings. The market is currently a balanced 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 Wood-Ridge a buyer's or seller's market?

Balanced market4.8 months of supply72 avg. days on market

Wood-Ridge, NJ is currently a balanced market, based on 4.8 months of supply and homes selling in about 72 days. How we determine this →

Homes sold

8

Last 12 weeks

Days on market

72

Average pace

Active listings

38

4.8 months supply

Sale-to-list

102.6%

Above asking

What does the Wood-Ridge housing market data show?

Current housing market statistics for Wood-Ridge, NJ
MetricValue
Median sale price$647,000
Median list price$722,500
Year-over-year price change-8.6%
Average days on market72 days
Active inventory38 listings
Months of supply4.8 months
Sale-to-list price ratio102.6%
Median price per sq ft$420/sq ft
Homes sold (latest month)8
New listings (latest month)18
Listings with a price cut2.6%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Wood-Ridge by property type?

How the Wood-Ridge, NJ market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Wood-Ridge, NJ
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$647,000$413/sq ft465 days
Condo / Co-op$362,500$438/sq ft282 days
Townhouse$747,000$482/sq ft492 days

Source: Redfin · Updated monthly

The Wood-Ridge housing market is currently classified as a balanced market with a median sale price of $647,000. Prices have fallen 8.6% compared to last year, with homes spending an average of 72 days on market, indicating 4.8 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 5.4x provides context for how home values compare to local earning capacity.

Homes for sale in Wood-Ridge

There are currently 38 homes listed for sale in Wood-Ridge, New Jersey. The median listing price is $723K.

Active listings

38

Homes on market

Median list price

$723K

Avg. days on market

72

Days until sale

New this week

18

Newly listed

Price drops:2.6%of listings
Sale-to-list:102.6%

Who lives in Wood-Ridge?

Population

10,094

Median income

$131,412/yr

Median age

39.7 years

Owner-occupied

64.6%

College grads

53.5%

Avg commute

32.6 min

Source: U.S. Census Bureau ACS

What are homes worth in Wood-Ridge?

Zillow home value

$707,654

Zillow rent index

$2,649/mo

Price-to-rent ratio

22.3x

Price-to-income

5.4x

Source: Zillow Research

What is it like to live in Wood-Ridge?

Wood-Ridge is a community of approximately 10K residents with a median age of 39.7 years.The median household income is $131,412, which reflects a relatively affluent area with strong earning potential. 53.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 64.6%, showing a blend of owner and renter-occupied properties. The average commute time is 32.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Wood-Ridge offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Wood-Ridge?

1 schools tracked · 232 students

The largest public schools serving Wood-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.

Wood-Ridge Intermediate School

Grades 4-6 · 232 students

Public

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 Wood-Ridge, NJ?

Want a head-to-head view? Compare Wood-Ridge side-by-side with any other U.S. city using our market-comparison tool.

Is Wood-Ridge a good real estate investment market?

For investors evaluating Wood-Ridge, the price-to-rent ratio of 22.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 8.6% 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 Wood-Ridge's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Wood-Ridge's median home price.

Frequently asked questions

What is the average home price in Wood-Ridge?

The median home sale price in Wood-Ridge is $647,000, down 8.6% from last year.

How long do homes stay on market in Wood-Ridge?

Homes typically spend 72 days on market before going under contract.

What is the median income in Wood-Ridge?

The median household income is $131,412 per year.

Is Wood-Ridge a buyer's or seller's market?

With 4.8 months of supply, Wood-Ridge is currently a balanced market.

What is the Zillow home value estimate for Wood-Ridge?

The Zillow Home Value Index (ZHVI) for Wood-Ridge is $707,654, representing the typical home value in the area.

What is the median condo price in Wood-Ridge?

The median condo/co-op sale price in Wood-Ridge, NJ is $362,500, compared to $647,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Wood-Ridge?

The median single-family home price in Wood-Ridge, NJ is $647,000 (about $413 per square foot).

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