Is Ridgewood a buyer's or seller's market right now?

Ridgewood is currently a seller's market with 1.2 months of supply. 75% of homes sell above asking price, and 30% go pending within two weeks. The Ridley Sell Score for Ridgewood is 69/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Ridgewood?

The median home price in Ridgewood is $1,215,000, up 2.3% year-over-year. The median price per square foot is $575. Homes sell in a median of 86 days with a sale-to-list ratio of 109.1%.

How much does it cost to sell a home in Ridgewood, New Jersey?

On a $1,215,000 home in Ridgewood, a traditional listing agent charges around $36,450 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $97,200 or more. With Ridley Essentials ($999) you save $35,451, and with Ridley Pro ($3,499) you save $32,951 while getting full agent support.

How does Ridley's flat fee compare to a traditional Ridgewood agent?

A traditional Ridgewood listing agent typically charges 3% of the sale price — about $36,450 on a $1,215,000 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $35,451–$32,951 compared to a traditional agent.

How long does it take to sell a home in Ridgewood?

The median home in Ridgewood currently spends 86 days on the market before going under contract. 30% of homes go pending within two weeks. At a 109.1% sale-to-list ratio, sellers are getting very close to or above asking price.

Do I need a real estate agent to sell in New Jersey?

No. New Jersey does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $1,215,000 home, that could save you up to $32,951.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in New Jersey. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $36,450 commission.

National/New Jersey

Ridgewood, NJ

Is Now a Good Time to Sell in Ridgewood, New Jersey?

The median home in Ridgewood sells for $1,215,000 with prices up 2.3% year-over-year. The average seller pays $36,450 in commissions — Ridley’s flat fee saves you $32,951.

Ridgewood Real Estate Market Conditions — March 2026

69out of 100

Ridley Sell Score

How it's scored →

Moderate

69/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Ridgewood market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessFavors sellers

1.2 months of supply — well below the 5-month balanced threshold — 62% below the New Jersey average of 3.2.

Price MomentumNeutral

Prices up 2.3% year-over-year — vs. +7% statewide.

Seller LeverageFavors sellers

Homes selling at 109.1% of asking — sellers are getting 9.1% above list on average. New Jersey average is 100.4%.

Bidding ActivityFavors sellers

75% of homes selling above list price — 77% above the New Jersey average of 42.4%.

Sale SpeedFavors buyers

86 median days on market — 19 days slower than the New Jersey average.

Market UrgencyNeutral

30% of listings go pending within 2 weeks — vs. 26.1% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. New Jersey average is 13.6%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$1,215,000

+2.3%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$575

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

109.1%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

1.2

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Somewhat Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

75%

Strong demand

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

30%

Moderate pace

12-Month Price Trend

$1,268,500 → $1,215,000

▼4.2%

$1.3M$1.2M$1.1M$1.0M

AprJunAugOctDecFebMar

Data updated March 2026

Get AI-powered market intelligence

Personalized pricing signals, demand shifts, and Sell Score changes for Ridgewood — delivered monthly.

Your savings

How much can you save selling your home in Ridgewood?

The average Ridgewood homeowner saves $32,951 by selling with Ridley instead of paying the traditional 3% listing commission on a $1,215,000 home.

$0Estimated savings

That's a new car — paid in full — save 2.7% of your home value

Your Ridgewood home value

$1,215,000

$50,000$10M

Traditional Agent (3%)

$36,450

Ridley Pro (flat fee)

$3,499

Ready to sell in Ridgewood?

Get a personalized selling strategy with AI-powered pricing analysis

Get Your Selling Strategy

Cost comparison

How much does it cost to sell a house in Ridgewood?

The total cost to sell a house in Ridgewood in 2026 ranges from $999 with Ridley Essentials to approximately $36,450 with a traditional 3% commission on a $1,215,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$36,450	$3,499	$999	$0
Buyer agent	$34,0202.8% avg	$24,300~2% avg	$24,300~2% avg	$34,0202.8% avg
Closing costs (~1.5%)	$18,225	$18,225	$18,225	$18,225
Total cost	$88,695	$46,024	$43,524	$52,245
Net proceeds	$1,126,305	$1,168,976	$1,171,476	$1,162,755
You save	—	$32,951	$35,451	$36,450No support