57 homes sold in Ledgewood in the last year, at a typical $562K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Ledgewood homes are listed.
Every place Ledgewood homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Ledgewood.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 96% of Ledgewood’s sales, at a typical $562K
57 homes sold in the year to May 2026.
typical sale · 55 sold in 12 months
- Per square foot
- $308NJ $331
- Days to sell
- 23
- Sold over asking
- 67%
- Listings with a price cut
- 35%
Multi-family (2–4 units): 1 sold, typical $802K
Condos: 1 sold, typical $395K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 1.9 times the 2016 price
57 sales in the last year, against 103 in 2016 and a low of 46 in 2023. The typical sale went from $303K in 2016 to $562K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $550K buys in Ledgewood
Check a listing against what Ledgewood homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Ledgewood are more common than before the pandemic, but 81% fewer homes come up for sale
We read every month of Ledgewood’s home sales since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 57 sales.
If you’re buying in Ledgewood
- Shop in April. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (40% over asking).
- You can negotiate. 33% of listings have cut their price, against 19% before the pandemic.
- Expect to bid over asking. Buyers paid 104% of the list price on average; 68% paid over.
- You’ll usually have time. Only 35% of homes go under contract within two weeks; the typical one takes 23 days.
Spring brings both the most homes and the most bidding wars
March has the most new listings (about 11 a month), but May is the most competitive: 61% of May sales close over asking. April offers nearly as much choice with fewer homes bid up (40%). January has the least competition (27%) but only about 5 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than New Jersey
| Ledgewood now | 2017–19 | 2021 peak | NJ now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 68% | 22% | 71% | 48% |
| Gone within two weeksShare of homes under contract within 14 days | 35% | 1% | 2% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | 33% | 19% | 8% | 17% |
| Price paid vs. askingAverage sale price ÷ list price | 104% | 98.2% | 103.2% | 101.2% |
| Days to sellMedian days from listing to contract | 23 | 91 | 63 | 45 |
6 homes for sale on a typical day
That’s 1.8 times the 2024 low (3), 81% fewer than in 2017–19 and well under 2016’s 42.
1 in 3 listings has cut its price
33% in the last year, against 19% in 2017–19 and 17% across New Jersey. More sellers are pricing high and coming down.
Source: Redfin Data Center, city market tracker, January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Four things worth knowing
New listings in March
The month with the most choice. December has the fewest, about 3.
Best time to buyTypical commute
The average one-way trip to work for people who live in Ledgewood.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot
The busier markets within 25 miles of Ledgewood, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Mount Arlington | 118 | $494K | $314 | 56% | 30 |
| Succasunna | 100 | $624K | $345 | 80% | 27 |
| Budd Lake | 90 | $646K | $316 | 70% | 30 |
| Flanders | 84 | $657K | $309 | 74% | 20 |
| Stanhope | 72 | $396K | $302 | 74% | 24 |
| Ledgewood | 57 | $562K | $308 | 68% | 23 |
| Landing | 56 | $541K | $380 | 75% | 32 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Ledgewood, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Ledgewood. People who follow the town see it, and so do people comparing Ledgewood with their own town. No commission, no listing fee.
Questions about buying a home in Ledgewood
What do homes sell for in Ledgewood, NJ?
57 homes sold in the year to May 2026 at a typical $562K, $308 a square foot.
Is Ledgewood a buyer’s or seller’s market?
A seller’s market: 9 homes were for sale in May 2026 and 3 sold, about 3 months of supply. Buyers paid 104% of asking on average, and 33% of listings cut their price.
When is the best time to buy in Ledgewood?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
Where can I see homes for sale in Ledgewood?
Zillow, Redfin, Realtor.com and Homes.com all carry Ledgewood’s MLS listings; the search links above open each one filtered to Ledgewood.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).