Ridgefield Park, NJ
Housing market overview · Updated weekly
$670,000median sale price
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
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
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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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