ZIP 07657 Housing Market & Real Estate Update — February 23, 2026
07657 – February 23, 2026 – Ridgefield, NJ market stays tight: Redfin shows Jan median sold $910K, longer DOM, and inventory near 20 listings.
ZIP 07657 (Ridgefield, Bergen County, New Jersey) continues to look like a higher-priced, slower-moving winter market where pricing is firm but buyers still have room to negotiate on many listings.
Top takeaways
- Prices are up year-over-year in recent closed-sale data, but days on market have lengthened.
- Inventory remains limited (roughly around the high-teens/low-20s depending on source), which helps support pricing.
- Negotiation is still common: recent sale-to-list metrics suggest homes often trade below asking, not above.
Market snapshot (latest available)
Redfin’s January 2026 snapshot for 07657 shows a median sale price around $910,000 (up sharply year-over-year), with homes averaging roughly 3 months on market and 17 homes sold for the month. Redfin’s competitiveness indicators also suggest many homes sell for below list, with faster timelines reserved for the most desirable properties.
Zillow’s home value index for 07657 puts typical values around $758,166 (data through January 31, 2026) and shows for-sale inventory around 17 with about 5 new listings for that same data window.
Realtor.com’s ZIP overview also points to a relatively tight market, showing about 21 homes for sale, a median for-sale price around $812,000, and a 97% sale-to-list ratio (December 2025), which is consistent with a market that is not wildly overbidding but also not deeply discounting.
Listings and development signals to watch
In addition to typical single-family listings, one notable active theme is land and redevelopment potential. A currently marketed land parcel in Ridgefield is being positioned as development-friendly and references possibilities such as townhomes or senior multifamily configurations (with affordable housing set-aside language mentioned in the marketing). Treat this as marketing until confirmed: permitted uses, density, and affordability requirements should be verified directly with the borough’s zoning and planning process.
What’s for sale (no addresses)
Today’s active-for-sale mix in 07657 skews toward higher-priced single-family homes and a smaller number of specialty options. A quick scan of public listing portals shows examples like:
- Detached homes in the $800Ks to $1.5M range (typical 3–4 bedroom offerings).
- A land listing priced in the multi-million range (marketed for potential development).
- Occasional multi-family opportunities, though availability can change quickly week to week.
Rental pulse
On the rental side, Realtor.com currently indicates a median rent around $2,950 with roughly 30 rentals being tracked for the ZIP. If you are shopping rentals, expect competition for well-priced, well-located units, especially as spring demand picks up.
Question for locals: Are you seeing more price cuts in 07657 lately, or are the best homes still selling without much negotiation?