Ringwood, NJ—07456
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ringwood, NJ
As of Oct '25, the median home price in Ringwood, NJ is $582,000, with a year-over-year change of 3.1%. This indicates that home prices in Ringwood, NJ are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $582,000 | 3.1% |
| Single Family | $582,000 | 3.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $452,000 | 4.9% |
3 Bed | $573,000 | 4.2% |
4 Bed | $659,000 | 4.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ringwood, NJ
As of July '25, Rentcast reports the average rent in Ringwood, NJ is $3,470, with a year-over-year rent change of -2.0%. Per bedroom, the median rent as of July '25 in Ringwood, NJ is 1-bedrooms: $2,100, 2-bedrooms: $2,750, 3-bedrooms: $3,520, 4-bedrooms: $4,780. The most common rental property sizes in Ringwood, NJ are 2-bedroom and 3-bedroom, accounting for 44.7% and 30.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,450 | $3,470 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,100 | $2,100 |
| 2 Bed Rent | $2,500 | $2,750 |
| 3 Bed Rent | $3,450 | $3,520 |
| 4 Bed Rent | $3,600 | $4,780 |
% of Rental Stock
Property Listings — Ringwood, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Ringwood, NJ is 28. This is a increase of 33.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $600,000 | -6.0% |
Listing Count | 35 | 4.0% |
| Listings as % of Homes | 0.5% | 4.0% |
Days on Market | 28 | 33.0% |
Demographics — Ringwood, NJ
As of the latest ACS Survey released in 2023, Ringwood, NJ has a population of 11,600, which has decreased by -4.5% over the past 5 years. Ringwood, NJ is a moderately popular place for families, as children make up 18.8% of the population. The area has a highly educated workforce, with 50.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,600 | -4.5% |
% Under 18 | 18.8% | -22.6% |
% Seniors | 18.7% | 14.0% |
% WFH | 15.1% | 259.5% |
% w/ College Degree | 50.3% | 9.8% |
As of the latest ACS Survey released in 2023, Ringwood, NJ is a predominantly white area, with 81.7% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Ringwood, NJ is hispanic, making up 10.4% of the population. Foreign-born residents account for 10.9% of the population in Ringwood, NJ, and this percentage has increased by 13.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 81.7% | -2.7% |
% Black | 1.0% | -54.5% |
% Hispanic | 10.4% | 26.8% |
% Asian | 2.3% | -51.1% |
% Foreign Born | 10.9% | 13.5% |
Mortgage and Risk — Ringwood, NJ
According to HUD data as of 2023, there were 191 mortgage originations in Ringwood, NJ, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Ringwood, NJ. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 191 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Ringwood, NJ
As of 2024, the percent of homes in Ringwood, NJ under the Section 8 program is 5.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Ringwood, NJ, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 29 |
Total Units Section 8 | 13 |
% Rentals under Section 8 | 5.9% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $220 | $2,100 | $2,320 |
| 2 Bedroom | $160 | $2,500 | $2,660 |
| 3 Bedroom | -$180 | $3,450 | $3,270 |
| 4 Bedroom | $540 | $3,600 | $4,140 |
Affordability — Ringwood, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $582,000 |
| Median Household Income | $143,000 |