Ridgewood, NY Inventory and Price Trends

During January 2026, the market welcomed 14 new listings, pushing total active inventory to 36 homes. This increased choice allows buyers to weigh their options, while sellers can better assess where their properties fit competitively. The median list price this month stands at $759,000 and the median sale price is $735,000. Why does this gap matter? It signals that properties are typically trading near asking price, encouraging fair pricing and transparent transactions.

The average number of days homes remain listed is 42, reflecting an engaged market that is neither too fast nor sluggish. For sellers, this means appropriately priced homes are likely to secure offers within an efficient timeframe, and for buyers, well-located properties require prompt decisions. The average price per square foot reached $612, highlighting the market’s ongoing valuation of space and location in Ridgewood, NY at the start of the year.

January 2026 Sales and Demand Metrics

Agents have observed a list to sale price ratio at 92 percent for this period, with the majority of homes closing close to their initial listing prices. The months of supply is 5.1, pointing toward a balanced landscape that accommodates both buyers and sellers. This environment lowers pressure for overbidding and supports thoughtful decision making. Notably, the market recorded a 3.8 percent year over year increase in sales price, signaling upward momentum and reinforcing why tracking local trends closely benefits both sides of the table.

Property Types and Investment Potential January 2026

Two family homes represent approximately 55 percent of the active market. Investors find these offerings compelling, given reported cap rates between 4.3 and 5.2 percent. These ratios help inform purchasing and leasing strategies for those focused on long term value and income generation.

• New listings: 14 in January 2026
• Median list price: $759,000
• Median sale price: $735,000
• Average days on market: 42
• Average price per square foot: $612
• Two family share: 55 percent
• Cap rate range: 4.3 to 5.2 percent
• List to sale price ratio: 92 percent

Key Factors in Ridgewood, NY January 2026

The absorption rate at 5.1 gives both buyers and sellers a measure of comfort: most homes are finding contracts within a reasonable timeframe, and price reductions have occurred for only 16 percent of the active inventory. This supports the notion that the local market continues to experience steady demand and manageable competition.

Internal migration patterns reveal that most buyers entering Ridgewood, NY this January 2026 are searching for property sizes around 1,840 square feet, which tends to align with current inventory. Larger homes may present incremental value, while compact residences move quickly due to their overall affordability. If you are seeking affordable homes in Ridgewood, NY this January 2026, being prepared with a clear plan will provide a decisive edge.

Rental Market Highlights: January 2026

Seven new rental listings appeared, with one bedroom apartments averaging $2,250 and two bedroom units at a median price of $2,600. Rentals are moving quickly—most within 28 days—reinforcing strong tenant demand and minimal landlord concessions. Although the focus here is buyers and sellers, this rental context helps agents advise investor clients with up to date benchmarks. Current conditions are shaped by proximity to transit and recent growth in local amenities, which further supports the strong performance of both sales and leasing in Ridgewood, NY.

How to Position and Succeed

Economic indicators such as the current 6.75 percent average interest for 30 year fixed mortgages in Ridgewood, NY inform both buyer qualification and seller price positioning. Leveraging these numbers to craft targeted strategies can benefit your clients in all price ranges. For property owners contemplating how to sell your house fast in Ridgewood, NY, staging, accurate pricing, and professional marketing are the most reliable options in January 2026.

When it comes to maximizing opportunity in this market, let The Allstar Team guide your approach—from finding the right listing to closing efficiently. Agents and clients alike are turning to the latest Ridgewood, NY home sale statistics to inform their every step in January 2026.

Top Strategies for Ridgewood, NY Agents

To optimize value for buyers, monitor the most recent January 2026 Ridgewood, NY real estate data to spot the right time to offer or list. Sellers benefit by aligning list prices with real time medians and presenting homes in their best condition. This dual approach creates a win win climate for real estate professionals and clients throughout Ridgewood, NY this January.

Conclusion: Navigate January 2026 with Confidence

The residential real estate market in Ridgewood, NY this January is guided by statistical clarity and practical opportunities for all participants. The Allstar Team is primed to deliver actionable insights that keep your goals on track no matter which side of the deal you are on.