Is Wood Ridge, NJ 07075 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Wood Ridge is a seller’s market. With about 3.5 months of supply and 63% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Heat score38/ 100

#54 of 92 ZIP codes in Bergen, Hudson & Passaic, NJ, and #359 of 531 across all the markets we track.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. How the heat score works

Months of supply3.5Under 4 months = seller’s market
Sold above original list62.5%Share of sales, last 3 months
Median sale-to-list101.8%Sold price ÷ list price
Median days on market64Listing to accepted offer
Median price per sq ft$418▼ −4.2% vs. last year

The Wood Ridge housing market right now

In the three months ending August 31, 2026, 63% of homes in Wood Ridge, NJ 07075 sold above their list price, the typical home went under contract in 64 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 33 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 69%, homes sold more slowly (60 days then) and the median sale price rose 3% to $697,698. Overall, Wood Ridge is less competitive than a year ago, which gives buyers more room.

Within Bergen County, homes here sell faster than in 66% of the county’s ZIP codes, and sell more often over asking than in 56%. On our competition score, Wood Ridge ranks #303 of 444 NJ ZIP codes with enough sales (score 69 out of 100).

Nearby, buyers who want less competition could look at Alpine 07620 (0% sold over asking) or Moonachie 07074 (0% sold over asking), while South Hackensack 07606 (100% sold over asking) and Waldwick 07463 (86% sold over asking) are even more competitive.

Nearby markets

Allendale 07401Seller’s market $485 /sq ftAlpine 07620Buyer’s market $792 /sq ftBergenfield 07621Seller’s market $484 /sq ftBogota 07603Buyer’s market $391 /sq ft Browse all markets →

Where Wood Ridge is

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Questions about Wood Ridge real estate

Is Wood Ridge a buyer’s or seller’s market?

A seller’s market: there were 3.5 months of supply in Wood Ridge, NJ 07075 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Wood Ridge?

The typical home went under contract in 64 days in the latest three months.

Do homes in Wood Ridge sell over asking?

63% of homes sold above their original list price, and the typical sale closed at 101.8% of the list price.

What are property taxes in Wood Ridge?

About 2.02% of a home’s value a year in Wood Ridge Boro, Bergen County, or roughly $8,076 on a $400,000 home.

What is the median home price in Wood Ridge?

The median sale price was $697,698 in the three months ending August 31, 2026, about $418 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology