Market Overview for May, 2026
Median Sale Price
-29.1% YoY
Median Price/Sqft
11.4% YoY
No. of Transactions
50% YoY
Queens Median Sale Price
-1% YoY
What is the median sale price and median price per sq ft in Ridgewood?
The median home sale price in Ridgewood as of May was $470K, down 29.1% year-over-year.
A total of 3 assets were sold, representing a 50% growth compared to May last year.
The median price per square foot was $766, a 11.4% YoY change.
In May, the median home sale price in Queens was $550K.
Top most expensive neighborhoods in Queens
Ridgewood median price compared with other neighborhoods in Queens
Property values in Ridgewood are lower compared to the borough of Ridgewood overall.
Ridgewood median price compared with all the neighborhoods in Queens
| Neighborhood | Borough | Median Sale Price |
|---|---|---|
| Belle Harbor | Queens | $1,200,000 |
| Queensboro Hill | Queens | $1,104,000 |
| Hunters Point | Queens | $1,094,375 |
| Fresh Meadows | Queens | $884,000 |
| College Point | Queens | $868,000 |
| East Elmhurst | Queens | $852,500 |
| Glendale | Queens | $845,000 |
| Bellerose | Queens | $836,400 |
| Middle Village | Queens | $835,000 |
| Rockwood Park | Queens | $825,000 |
| Ditmars - Steinway | Queens | $808,995 |
| Richmond Hill | Queens | $795,000 |
| Hollis | Queens | $790,000 |
| Saint Albans | Queens | $785,000 |
| Bayside | Queens | $775,000 |
| South Ozone Park | Queens | $768,500 |
| Queens Village | Queens | $745,500 |
| South Astoria | Queens | $725,000 |
| Laurelton | Queens | $722,262 |
| Far Rockaway | Queens | $691,000 |
| Maspeth | Queens | $662,500 |
| Old Astoria | Queens | $660,000 |
| Jamaica | Queens | $655,000 |
| Breezy Point | Queens | $648,500 |
| Springfield Gardens | Queens | $644,000 |
| Woodhaven | Queens | $619,500 |
| Cambria Heights | Queens | $604,500 |
| Little Neck | Queens | $601,500 |
| Astoria Heights / Upper Ditmars | Queens | $565,000 |
| Ozone Park | Queens | $552,500 |
| Downtown Flushing | Queens | $550,000 |
| Murray Hill | Queens | $545,000 |
| Elmhurst | Queens | $514,000 |
| Hollis Hills | Queens | $499,000 |
| Rosedale | Queens | $487,500 |
| LIC | Queens | $475,000 |
| Ridgewood | Queens | $470,000 |
| East Flushing | Queens | $465,000 |
| Rego Park | Queens | $460,000 |
| Forest Hills | Queens | $415,000 |
| Bay Terrace | Queens | $390,000 |
| Glen Oaks | Queens | $390,000 |
| Whitestone | Queens | $385,000 |
| Woodside | Queens | $371,000 |
| Jackson Heights | Queens | $350,000 |
| Auburndale | Queens | $330,000 |
| Sunnyside | Queens | $325,000 |
| Oakland Gardens | Queens | $320,000 |
| Corona | Queens | $315,000 |
| Kew Gardens Hills | Queens | $310,000 |
| Kew Gardens | Queens | $305,000 |
| Douglaston | Queens | $300,000 |
| Briarwood | Queens | $284,000 |
| Lindenwood | Queens | $263,020 |
| Jamaica Estates | Queens | $245,000 |
| Jamaica Hills | Queens | $175,000 |
Residential Properties Sold in Ridgewood
| Property Type | Median sale price | Y-o-Y | Median sale price/sqft | Y-o-Y | Transactions |
| Condos | $470K | -29.1% | $766 | 11.4% | 1 |
| Coops | - | - | - | - | 0 |
| Houses | $554K | - | $481 | - | 2 |
The median house sale price in Ridgewood in May was relatively flat year-over-year at $554K. However, median condo prices in Ridgewood trended down 29.1% year-over-year to $470K. There was no statistically significant data for median coop price activity for the period of May in Ridgewood.
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Ridgewood Neighborhood Guide
Though Ridgewood is officially in Queens, it can be considered to straddles the boundaries of Queens and Brooklyn. As a result, it's a top choice for those who want the advantages of Brooklyn, but want to pay Queens prices. There are several historic districts in the area, a number of public schools, eclectic housing options, and convenient commutes to Manhattan, Brooklyn, and other boroughs. With plenty of eateries and two different shopping districts, it's easy to see why this is an increasingly popular neighborhood.
Architecture and landmarks
There are two historic districts within Ridgewood, Ridgewood South and Ridgewood North, both of which are designated by NYC's Landmarks Preservation Commission. The developments that fall under this designation were built in the 20th century and are recognized as being model tenements. They were built by the G.X. Mathews Company and had numerous improvements over other tenements throughout Queens, including bigger rooms, improved sanitary facilities, cast-stone details, and unique ironwork. They're identifiable by their long rows of repeated design. Beyond these landmarks, there are blocks and blocks of townhouses, most of which are two- to six-family homes. This is without a question a low-rise neighborhood, but there is talk that developers are on their way in with taller buildings.
Transport
There are several transportation options in Ridgewood, including the M subway train on the BMT Myrtle Avenue Line, the L train on the BMT Canarsie Line, and more than a dozen bus lines, including several express buses to Manhattan. This neighborhood is also home to Fresh Pond Bus Depot, which serves a large number of the buses that travel through Queens and Brooklyn.
Schools
Students in Ridgewood have several public school options, including P.S. 305 that serves kids from pre-kindergarten through third grade, and five different public schools that serve kids from pre-kindergarten through fifth grade. There are two intermediate public schools, but only one high school: Grover Cleveland High School. There are also several charter school options.
Health
The closest hospital to Ridgewood is Wyckoff Heights Medical Center in neighboring Bushwick, Brooklyn. Woodhull Hospital in Bedford-Stuyvesant is another reasonably close option. There are no private practices within Ridgewood but the ease of transportation ensures that there are no significant obstacles to getting medical attention in the area.
Safety
Ridgewood, Queens is covered by the 104th Precinct of the New York Police Department. In 2016, there were 8.3 crimes per 1,000 residents in the neighborhood. Compared to other neighborhoods in the rest of New York, this is relatively low.
Things to do
There are a few different shopping districts that cross through the neighborhood along Myrtle Avenue and Seneca Avenue, and some stores along Fresh Pond Road as well. Residents can enjoy the stylings of newer restaurants on Seneca Avenue, like Milk & Pull, a popular coffee shop, or long-standing favorites, like Rudy's Pastry Shop, which has been continuously operating since 1934. Other favorite eating spots include Norma's Corner Shoppe, Taqueria Kermes, and Tasty's Diner.
Once the sun goes down, those with a thirst for excitement are likely to be found at bars like Glenlo Tavern, an old-fashioned Irish Pub; The Keep, which is half bar and half antique store; or Gottscheer Hall, a German bar that's been a favorite since the 1920s. Shopping favorites include Gotham Thrift Shop, a local mom and pop thrift store; New York Fabrics; and the indoor flea market Ridgewood Market. BM Pottery Studio offers classes to enthusiasts of all ages, and there are art studios popping up everywhere, bringing in a fresh vibe and a younger crowd.
There is no major park in Ridgewood, but some recreational and fitness spots exist, like the popular Rosemary's Playground, which is home to basketball courts, the Joseph F. Mafera Park and the Grover Cleveland Athletic Field - with facilities covering a multitude of sports. There is a branch of the Queens Library in Ridgewood, which is aptly named the Ridgewood Branch.