The housing market in 07657 Ridgefield, NJ is flourishing; the median value of homes is $642,800, which is far above the US median value of $338,100. In the past year, house appreciation in Ridgefield has been 10.32%, significantly higher than the US average of 8.27%. This indicates a healthy market and should be enticing to potential buyers and investors alike. With such high values and appreciation rates, making an investment in this area could prove to be very lucrative over time.
The median home cost in Ridgefield (zip 07657) is $642,800. Home appreciation the last 10 years has been 52.1%. Home Appreciation in Ridgefield (zip 07657) is up 9.0%.
Average Age of Homes
- The median age of Ridgefield (zip 07657) real estate is 62 years old
The Rental Market in Ridgefield (zip 07657)
- Renters make up 44.1% of the Ridgefield (zip 07657) population
- 0.0% of houses and apartments in Ridgefield (zip 07657), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.