Ringwood, NJ Foreclosures
How much do homes sell for in Ringwood, NJ?
The average home price is currently $584,228.
In Ringwood, NJ, how many homes are available?
There are currently 187 active home listings available in Ringwood.
What’s the average rental cost in Ringwood, NJ?
The average rental price in Ringwood is $2,623.
What is the most expensive home in Ringwood?
The most expensive home sold in Ringwood had a price of $14,801,256.
What is currently the cheapest priced home in Ringwood, NJ?
The cheapest home for sale in Ringwood is priced at $21,550.
Living in Ringwood, NJ
Ringwood, NJ is a serene township in northern New Jersey, characterized by its lush landscapes and abundant parks. With a strong sense of community and access to quality education, Ringwood is an attractive option for families and individuals alike. The area also offers convenient commuting options to New York City, making it a perfect blend of nature and urban accessibility.
Current Market Conditions in Ringwood, NJ
The real estate market in Ringwood is currently experiencing steady growth, with a mix of single-family homes, townhouses, and larger properties available. The demand for housing is fueled by the area's natural beauty, excellent schools, and community-focused living. Interest in Ringwood's real estate has increased, partially due to remote work transitioning into a more permanent model, allowing many buyers to seek homes that offer more space and tranquility outside of urban centers.
As of late 2023, homes in Ringwood are selling relatively quickly, with median prices reflecting a stable appreciation trend over the past few years. The diversity in housing options attracts a wide array of buyers, including young families, retirees, and those seeking a second home.
Home Value Estimator For Ringwood, NJ
There are currently 4,347 real estate properties
in Ringwood, NJ,
with a median automated valuation model (AVM) price
of $557,234.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ringwood, NJ, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Ringwood, NJ,
is $584,228.00, with the most expensive house
in Ringwood, NJ, topping out
at $14,801,256.00 and the cheapest home
in Ringwood, NJ,
clocking in at $21,550.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ringwood, NJ!
Rent Prices
In Ringwood, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ringwood, NJ, is on
a rollercoaster ride. The
average rent price in Ringwood, NJ,
is $2,623.00. Indeed, when looking to rent in
Ringwood, NJ, you can expect to pay as little
as $1,510.00 or as much
as $4,440.00,
with the average rent median estimated to
be $2,560.00. The good news is that finding
an affordable and desirable property to rent in Ringwood, NJ
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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