Home Values

Town of Ridgefield Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$601,100

  • 0.0% 1-year change
  • 0.1% 1-year forecast

The median home value in Town of Ridgefield is $601,100. Town of Ridgefield home values have gone up 0.0% over the past year and Zillow predicts they will rise 0.1% within the next year. The median list price per square foot in Town of Ridgefield is $269, which is higher than the Stamford Metro average of $244. The median price of homes currently listed in Town of Ridgefield is $722,000 while the median price of homes that sold is $648,430. The median rent price in Town of Ridgefield is $2,300, which is higher than the Stamford Metro median of $2,050.

Foreclosures will be a factor impacting home values in the next several years. In Town of Ridgefield 2.1 homes are foreclosed (per 10,000). This is lower than the Stamford Metro value of 2.8 and also lower than the national value of 4.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Town of Ridgefield is 7.8%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Town of Ridgefield homeowners underwater on their mortgage is 10.0%, which is lower than Stamford Metro at 18.1%.

Read more
Relative ZHVI
- +

Town of Ridgefield Market Overview

Data through Oct 31, 2014
  • $601,100 ZHVI
  • 0.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Oct 31, 2015)
  • $722,000 Median listing price
  • $648,430 Median sale price (Sep 30, 2014)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Town of Ridgefield Market Health

Data through Oct 31, 2014
  • 3.3/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 10.0% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 7.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

2.1 homes Town of Ridgefield
2.8 homes Stamford Metro
4.5 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI
New Canaan $1,334,300
Pound Ridge $926,800
Wilton $760,600
Name Median ZHVI
Lewisboro $606,400
North Salem $533,800
Redding $525,900
Name Median ZHVI
Town of Bethel $295,100
Southeast $274,500
Danbury $246,800

Listings & Sales

Data through Oct 31, 2014
  • $269 Median list price / sq ft
  • $251 Median sale price / sq ft (Sep 30, 2014)
  • 52.3% Listings with price cut
13.3%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Town of Ridgefield Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $3,220 Town of Ridgefield
    $2,407 Stamford Metro
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 4.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $2,300 Rent list price
  • $1.60 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading