Market Overview
Home Prices in Ringwood, NJ
The median home value in Ringwood, NJ is $613,085 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.8% compared to a year ago and up 3.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ringwood are priced50% above average. Ringwood is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Ringwood home values have risen by approximately37.6%, reflecting strong long-term appreciation in this market.
Price History
Ringwood Home Price Trend
City Comparison
Ringwood vs. National Median
At $613,085, homes in Ringwood cost 50% above the national median of $410,000. Buyers in Ringwood should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Ringwood?
20% Down Payment
$122,617
on $613,085
Monthly P&I
$3,197/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,060/mo
incl. taxes & insurance
Income Needed
$162,400
gross annual (30% rule)
10% Down Option
$61,309
+ PMI applies
Loan Amount (20% dn)
$490,468
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Ringwood, NJ?
The median home value in Ringwood is $613,085 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.8% year-over-year.
How much have home prices changed in Ringwood?
Over the past year, home values in Ringwood have increased by 6.8%. Over five years, prices have risen approximately 37.6%.
How much do I need to earn to buy a home in Ringwood?
To comfortably afford the median home price of $613,085 with a 20% down payment ($122,617) at today's rates (6.8%), you'd need a gross annual income of approximately $162,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Ringwood compare to the national average home price?
The national median home value is approximately $410,000. At $613,085, homes in Ringwood are 50% above the national average.
What metro area is Ringwood part of?
Ringwood is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.