Park Ridge, NJ Home Values & Market Trends
Real estate market trends reflect that there have been $[transaction-count-12mo] transactions over the past year in Park Ridge. The median value for residential home transactions that occurred over the previous year is $NaN. The number of current listings in Park Ridge is $[for-sale-count], and the percentage of properties for sale in the city is $[for-sale-whole-market-percentage]%. Park Ridge, NJ currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and $[for-sale-count] properties for sale.
Housing Market Summary for Park Ridge, NJ
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $768.9K | $740.3K | -3.72% |
| Median Sold Price | $628.3K | $740.3K | 17.83% |
| Homes For Sale | 10 | 8 | -20.00% |
| Homes Sold | 51 | 55 | 7.84% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Park Ridge, NJ
Browse Homes in Park Ridge, NJ
Park Ridge home values range from $$[whole-market-lowest-avm-value] to $$[whole-market-highest-avm-value]. The median estimated value of a home in Park Ridge is $NaN. The median list price of a home is $[for-sale-median-list-price], and the total count of properties in the city is $[whole-market-count].
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Park Ridge, NJ with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are $[submarket-count] zips within Park Ridge, NJ; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Park Ridge, NJ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Park Ridge, NJ. There are $[submarket-count] zips within Park Ridge, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Park Ridge, NJ. Auction homes and other auction properties account for 0% of all properties in Park Ridge, NJ. There are $[submarket-count] zips within Park Ridge, NJ; of those zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Compare Nearby Cities
More Real Estate Resources for Park Ridge, NJ
Guide for Park Ridge, NJ
The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.
The Jersey City real estate market continues to show robust growth with prices rising to an average of $595,000 per property and $394 per square foot in February 2024.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.