Is Ridgewood, NY 11385 a buyer’s or seller’s market?
Ridgewood is a seller’s market. With about 3.7 months of supply and 28% 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.
More competitive than 48% of U.S. ZIP codes, and #468 of 649 in the state.
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. See the breakdown
The Ridgewood housing market right now
In the three months ending August 31, 2026, 28% of homes in Ridgewood, NY 11385 sold above their list price, the typical home went under contract in 39 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 63 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 24%, homes sold more slowly (32 days then) and the median sale price fell 5% to $994,570. Overall, Ridgewood is about as competitive as it was a year ago.
Within Queens County, homes here sell faster than in 86% of the county’s ZIP codes, and sell more often over asking than in 71%. On our competition score, Ridgewood ranks #468 of 649 NY ZIP codes with enough sales (score 47 out of 100).
Nearby, buyers who want less competition could look at Breezy Point 11697 (0% sold over asking) or Floral Park 11005 (0% sold over asking), while Saint Albans 11412 (45% sold over asking) and Cambria Heights 11411 (44% sold over asking) are even more competitive.
Run the numbers for 11385
Nearby markets
Arverne 11692Buyer’s market $331 /sq ftAstoria 11102Buyer’s market $1,126 /sq ftAstoria 11103Balanced $728 /sq ftAstoria 11105Buyer’s market $725 /sq ft Browse all markets →Towns like Ridgewood nearby
Find towns like Ridgewood in other states →Where Ridgewood is
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Questions about Ridgewood real estate
Is Ridgewood a buyer’s or seller’s market?
A seller’s market: there were 3.7 months of supply in Ridgewood, NY 11385 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 Ridgewood?
The typical home went under contract in 39 days in the latest three months.
Do homes in Ridgewood sell over asking?
28% of homes sold above their original list price, and the typical sale closed at 97.5% of the list price.
What are property taxes in Ridgewood?
About 0.87% of a home’s value a year in Queens County, or roughly $3,480 on a $400,000 home.
What is the median home price in Ridgewood?
The median sale price was $994,570 in the three months ending August 31, 2026, about $556 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