Market Overview
Home Prices in Ridge, NY
The median home value in Ridge, NY is $514,688 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.2% compared to a year ago and up 5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ridge are priced26% above average. Ridge is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Ridge home values have risen by approximately39.2%, reflecting strong long-term appreciation in this market.
Price History
Ridge Home Price Trend
City Comparison
Ridge vs. National Median
At $514,688, homes in Ridge cost 26% above the national median of $410,000. Buyers in Ridge should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Ridge?
20% Down Payment
$102,938
on $514,688
Monthly P&I
$2,684/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,409/mo
incl. taxes & insurance
Income Needed
$136,360
gross annual (30% rule)
10% Down Option
$51,469
+ PMI applies
Loan Amount (20% dn)
$411,750
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 Ridge, NY?
The median home value in Ridge is $514,688 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.2% year-over-year.
How much have home prices changed in Ridge?
Over the past year, home values in Ridge have increased by 5.2%. Over five years, prices have risen approximately 39.2%.
How much do I need to earn to buy a home in Ridge?
To comfortably afford the median home price of $514,688 with a 20% down payment ($102,938) at today's rates (6.8%), you'd need a gross annual income of approximately $136,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Ridge compare to the national average home price?
The national median home value is approximately $410,000. At $514,688, homes in Ridge are 26% above the national average.
What metro area is Ridge part of?
Ridge 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.