Is Ridgewood, NJ 07450 a buyer’s or seller’s market?

The Ridgewood housing market right now

In the three months ending August 31, 2026, 76% of homes in Ridgewood, NJ 07450 sold above their list price, the typical home went under contract in 57 days and there were 0.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 94 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 78%, homes sold faster (67 days then) and the median sale price rose 47% to $1,619,299. Overall, Ridgewood is about as competitive as it was a year ago.

Within Bergen County, homes here sell faster than in 84% of the county’s ZIP codes, and sell more often over asking than in 86%. On our competition score, Ridgewood ranks #146 of 444 NJ ZIP codes with enough sales (score 85 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.