Ledgewood, NJ Housing Market Update: Tight Inventory, Mixed Price Signals
Ledgewood, NJ – March 1, 2026 – Inventory remains limited and pricing signals vary by data set, while national mortgage benchmarks dipped below 6% in late February.
Top takeaways
- Very limited supply: Realtor.com’s latest local snapshot shows 7 active listings (Morris County).
- Mixed pricing signals: Realtor.com reports a $435K median home value for Dec 2025, while Redfin shows a $670K median sale price for Jan 2026.
- Rates eased: Freddie Mac’s 30-year fixed average was 5.98% (week of Feb. 26, 2026).
Market snapshot
Realtor.com’s December 2025 summary lists a $435,000 median home, $298/sq ft, and 41 median days on market, alongside the 7 homes for sale. Redfin’s January 2026 view shows 2 homes sold, a 67-day average time to sell, and a $276 median price per square foot.
What to watch next
- If new listings stay scarce, well-priced homes may still move quickly even if overall sales volumes remain small.
- A sub-6% national benchmark can help payments, but local affordability still depends on list prices and competition.