Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Ridgewood

Queens · New York, NY

8 active listings · Median $1.1M

$1.1M
Median Asking
$3,799/mo
Median Rent/Mo
8
Active Listings
65
Avg Days on Market

Monthly Snapshot

Live from REBNY/RLS

Calculating market narrative...

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Market Pulse — Ridgewood

What defines this market

A co-op-led submarket with rents at the 5-year high and rising sale prices.

Common search patterns

value buyerstight rental marketco-op-friendlyappreciating sale prices

Median asking rent in Ridgewood sits at $3,799/month, matching the 5-year high. Rents are up +11.7% year over year and +52.0% over the past 5 years. Median sale price stands at $1.06M, 27.5% below the 5-year high recorded in Feb 2025. Sale prices are up +3.4% year over year. Sale listings are clearing 5 days slower than at this point last year.

Rental snapshot

  • Median asking rent: $3,799/month (at the 5-year high)
  • Year-over-year rent change: +11.7%
  • 5-year rent change: +52.0%
  • Active rental listings: 353

For-sale snapshot

  • Median sale price: $1.06M (27.5% below the 5-year high in Feb 2025)
  • Condo vs co-op median: condos $470K / co-ops $655K
  • Year-over-year sale price change: +3.4%
  • Median days on market (sale): 65 days (5 days slower than a year ago)
  • Active for-sale listings: 49
  • Active listings with a price cut: 6.1%
  • Recent monthly closed sales: 6

Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.

Source: StreetEasy market data, through Jun 2026.

About Ridgewood

Ridgewood features orderly blocks of brick and limestone rowhouses, prewar tenements with decorative cornices, and multi-family buildings constructed between 1905 and 1925, making it one of Queens' most architecturally consistent neighborhoods. The M train runs through the heart of the area with sto...

In my 25+ years selling real estate across New York City, I use this Ridgewood data in real negotiations, not just for a web page.

Quick Facts

BoroughQueens
Zip Code11385
SubwayBus service
Building TypesPre-war buildings, Multi-family, Walk-ups

Transit, Schools & Commute

Subway Lines:

Stations: Bus service available


Market Report

Live data from REBNY/RLS. Updated every 15 minutes.

Median Asking Price
$1,060,000
+3.4% YoY
Median Rent
$3,799/mo
+11.7% YoY
Price per Sq Ft
$624
Sale-to-List Ratio
101.0%

Price Trends

Median closed sale price by month

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Current Inventory Snapshot

Calculating market narrative...

Inventory & Activity
Active Listings49
Pending Sales11
New This Week0
New This Month2
Avg DOM65 days
Price Cut Rate6.1%
Recent Sales
Sold Last 30 Days2
Sold Last 90 Days4
Sale-to-List101.0%
Asking Prices
Median Asking$1,060,000
Average Asking$1,340,375
Median $/SqFt$624
Median Condo$470,000
Median Co-op$655,000
Property Mix
Condo: --Co-op: --Other: --

Price by Bedroom

Based on active listings in Ridgewood

TypeActive ListingsMedian PricePrice Range
Studio0----
1 Bedroom2$542,000$535K - $549K
2 Bedrooms0----
3+ Bedrooms6$1,599,500$1.30M - $2.10M

Active Listings

Properties in Ridgewood

No listings currently available. Contact Milton

REBNY/RLS Disclaimer: Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is refreshed every 15 minutes per REBNY IDX requirements.

Nearby Neighborhoods

Ridgewood Property Type Pages

Why Work With Milton in Ridgewood

25+ years

Experience across NYC

1,000+

Transactions closed

21+

Transactions in Ridgewood

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Ridgewood buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.

Reviews

"Milton made the entire buying process seamless. His knowledge of the local market and negotiation skills saved us thousands. Highly recommend for anyone looking in Upper Manhattan."

JR
Verified Buyer
Google Review

"We sold our co-op in record time thanks to Milton's marketing strategy. Professional photography, virtual tour, and targeted digital ads brought multiple offers within the first week."

MC
Verified Seller
Zillow Review

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Frequently Asked Questions about Ridgewood

The median sale price in Ridgewood is $1.1M. Condos sit at a median of $470K and co-ops at $655K. Sale prices are up 3.4% year over year.

No. The median sale price in Ridgewood is currently 27.5% below the 5-year high recorded in February 2025. That gap can favor buyers searching for value relative to the neighborhood's past peak.

Sale listings in Ridgewood have a median of 65 days on market. That is 5 days slower than the same point a year ago. Only 6.1% of active listings have a price cut on record, signaling tight pricing.

Ridgewood is broadly balanced right now, with median days on market at 65 days and 6.1% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.

Ridgewood offers both co-ops and condos. Co-ops are the higher-priced segment at a $655K median, with condos at $470K.

Roughly 6 homes change hands each month in Ridgewood across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.

The overall median asking rent in Ridgewood is $3,799/month. Live RLS listings show 2-bedrooms at $2,500, 3+ bedrooms at $4,100 per month. Rents are up 11.7% year over year.

Yes. The median asking rent in Ridgewood is currently at the 5-year high. Tenants searching the neighborhood right now are competing in a market priced at peak.

Median asking rent in Ridgewood has risen 52.0% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.

Within walking or short-transit distance of Ridgewood, median sale prices range across Middle Village at $995K, Maspeth at $928K, Bushwick at $900K, Glendale at $845K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.

Ridgewood is served by the Bus service. The commute to Midtown Manhattan runs roughly 81 minutes from Nearest bus stop.

Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Ridgewood, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: milton@miltoncoste.com.

How I Can Help in Ridgewood

Milton Coste, Licensed Real Estate Associate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC · NY #10301213304

25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in Ridgewood, I will guide you every step of the way.

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