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Ridgewood, WIHousing Market

Ridgewood in Madison is a buyer's market right now. Homes are selling for 97.46% of asking price and taking an average of 66 days to sell, giving you more time to compare your options, negotiate a better deal, and buy with confidence.

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Written By Carol CFeatured Writer
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Reviewed By Nicholas HReal Estate Broker
Verified Data
Updated Monthly
Fast Insights
Real-time Analytics
February 2026
Last updated
Live MLS Data 986 active homes tracked
Data Sources:
WIREX
Ridgewood, WI Real Estate Market Snapshot
MEDIAN HOME PRICE
$390,000↓ 0.01%
MORTGAGE RATES 30-YR
6.23%↓ 0.58%
Buyer's Market
DAYS ON MARKET
66
↑ 16.00% YoY
INVENTORY
7
↑ 0.17% YoY
Overview icon Overview
Predictions icon Predictions
Supply icon Supply
Demand icon Demand

Is Now a Good Time to Buy in Ridgewood? Here's What We Think

Yes, now is a good time to buy in Ridgewood. The median sale price is $390,000, a marginal change from last year, and home sales saw no change over the same period. Buyers can use this data to gauge how much room there is to negotiate.
Median Sale PriceHomes SoldMedian Days on Market
Median Sale Price
$390,000
↓ 0.01%YoY
What this chart showsMedian Sale Price
This metric shows how home prices are trending in Ridgewood. The median sale price is currently $390,000, a marginal change from last year. A rising median price can point to stronger demand or limited inventory, while a falling price may give buyers more room to negotiate.

Median Sale Price Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Ridgewood
location pin
Updated MonthlyLast Updated: February 2026

Ridgewood Housing Market Forecast for 2026

Ridgewood's housing market is expected to continue favoring buyers in 2026, with modest price growth, more inventory, and homes taking longer to sell.

Market Outlook:

  • Home prices expected to rise modestly by 2-4%, reflecting cooling demand
  • Sale-to-list ratio forecast to hold near 98-100%, keeping negotiating room in buyers' favor
  • Homes being on the market longer gives buyers added leverage to negotiate price and terms

Will the Ridgewood Housing Market Crash in 2026?

Expert consensus points to no. Ridgewood continues to show steady demand and no signs of distressed selling. The shift toward more balanced conditions reflects a broader trend across Madison, not a downturn specific to this neighborhood. Buyers should expect more room to negotiate and a wider selection through 2026.
UnlikelyCrash MeterLikely

Current Market Indicators

  • Days on Market:

    66 days

  • Months of Supply:

    1.4 months

  • Sale-to-List Ratio:

    97.46%

  • Mortgage Rates:

    Currently- 6.23% projected to hover between 6.0% and 6.8%

Is There Enough Inventory in Ridgewood Right Now?

Yes, buyers have plenty of options in Ridgewood right now. The market has 7 active listings and 1.4 months of supply, giving buyers more choice and negotiating power. There were 7 new listings last month, while the inventory had a marginal change year-over-year.
Homes for SaleNewly Listed HomesMonths of Supply
Homes for Sale
7
↑ 0.17%YoY
What this chart showsHomes for Sale
This chart shows the total number of homes currently available for sale in Ridgewood. There are currently 7 active listings. Rising inventory gives buyers more options, while fewer homes for sale can increase competition and give sellers more leverage.

Homes for Sale Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Ridgewood
location pin
Updated MonthlyLast Updated: February 2026

Are Buyers or Sellers Controlling the Ridgewood Market?

Buyers currently have the upper hand in the Ridgewood housing market. Homes are selling for 97.46% of their asking price, and price reductions saw no change year-over-year. Frequent price cuts give buyers more room to negotiate and put pressure on sellers to compete.
Homes Sold Above List PriceHomes with Price DropsSale-to-List Ratio
Homes Sold Above List Price
0%
↓ 22.22%YoY
What this chart showsSold Above List
The line tracks the share of homes in Ridgewood selling above their asking price over time. Currently, 0% of homes sold above asking last month. A rising trend signals strong buyer competition and bidding wars, while a falling trend suggests that competition is easing.

Homes Sold Above List Price Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Ridgewood
location pin
Updated MonthlyLast Updated: February 2026

Find Your Perfect Ridgewood Home Now

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Frequently Asked Questions

How have Ridgewood house prices changed over the past year?

What are Ridgewood real estate market predictions for 2026?

What's the median home price in Ridgewood?

What is a good time to buy a home in Ridgewood?

When will the Ridgewood housing market crash?

How to buy a home in Ridgewood?

How can I list my home for sale in Ridgewood, Madison, WI?

What is the average mortgage rate for buyers in Ridgewood?

What is a good time to sell a house in Ridgewood?

Our MLS data sources

All sources updated daily

Median prices, rents and active inventory aggregated from MLS systems across Wisconsin.

WIREX
WIREX

Data provided by Redfin, a national real estate brokerage.

Important Legal Disclosures

*Based on Houzeo calculations of home data from MLS and/or public records.

“The market analysis provided on this page is for informational purposes only and does not constitute financial, investment, or legal advice. Data is sourced from public records, industry reports, and third-party providers, and while Houzeo strives for accuracy, we make no guarantees regarding the completeness, accuracy, or timeliness of the information presented.

All estimates, projections, and historical data are based on statistical models and should not be relied upon as predictions of future market conditions. Past performance is not indicative of future results, and real estate market conditions may change due to various economic and regulatory factors.
Users are responsible for conducting their own due diligence before making any real estate or financial decisions. Houzeo is not liable for any decisions or actions taken based on the information provided. Any unauthorized use, duplication, or distribution of the data may violate copyright laws and result in legal consequences. Certain information, tools and services on this page may be powered by third-party vendors. Houzeo does not control or guarantee the accuracy, reliability, or functionality of such third-party services.

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Based on information received from WIRES/RANW MLS through Oct 9, 2026, 2:30 PM. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Houzeo nor RANW MLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. ©2026 RANW MLS, Inc. All rights reserved.