Ringwood, NJ 07456 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Ringwood, NJ—07456

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$604,000

6.1% YoY Growth

Household Income

$143,000

11.1% YoY Growth

Days on Market

57.0% Longer YoY

Home Price Forecast

0.9%

Median Rent

$3,450

2.0% YoY Growth

1-Bed Rent

$2,100

16.0% YoY Growth

2-Bed Rent

$2,500

N/A

3-Bed Rent

$3,450

3.8% YoY Growth

Home Price Trends — Ringwood, NJ

As of May '26, the median home price in Ringwood, NJ is $604,000, with a year-over-year change of 6.1%. This indicates that home prices in Ringwood, NJ are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$604,000	6.1%
Single Family	$604,000	6.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

1 Bedroom

16.0%

2 Bedrooms

44.7%

3 Bedrooms

30.9%

4 Bedrooms

8.5%

Property Listings — Ringwood, NJ

As of May '26, Realtor.com reports that the median days on market for a home in Ringwood, NJ is 38. This is a increase of 57.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$558,000	2.0%
Listing Count	34	-17.0%
Listings as % of Homes	0.5%	-17.0%
Days on Market	38	57.0%

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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%

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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%

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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%

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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

Ringwood, NJ—07456

Key Metrics at a Glance

Home Price Trends — Ringwood, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ringwood, NJ

% of Rental Stock

Property Listings — Ringwood, NJ

Demographics — Ringwood, NJ

Race and Ethnicity

Mortgage and Risk — Ringwood, NJ

Mortgages

Rentals and Section 8 — Ringwood, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Ringwood, NJ

Home Price to Income Ratio

Ringwood, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Wanaque, NJ

Wanaque, NJ

Oakland, NJ

Mahwah Township, NJ

Greenwood Lake, NY

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.3
Median Home Price	$604,000
Median Household Income	$143,000

Ringwood, NJ—07456

Key Metrics at a Glance

Home Price Trends — Ringwood, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ringwood, NJ

% of Rental Stock

Property Listings — Ringwood, NJ

Demographics — Ringwood, NJ

Race and Ethnicity

Mortgage and Risk — Ringwood, NJ

Mortgages

Rentals and Section 8 — Ringwood, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Ringwood, NJ

Home Price to Income Ratio

Ringwood, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Wanaque, NJ

Wanaque, NJ

Oakland, NJ

Mahwah Township, NJ

Greenwood Lake, NY

Frequently Asked Questions

What is the average home price in Ringwood, NJ 07456?

How have home prices in Ringwood, NJ 07456 changed over the past year?

What is the home price projection for Ringwood, NJ 07456?

What are the demographics of Ringwood, NJ 07456?

How long does it take homes to sell in Ringwood, NJ 07456?

What is the average rent price in Ringwood, NJ 07456?