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LEDGEWOOD, NJ 07852

Real Estate Market Report  ·  Morris County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The LEDGEWOOD, NJ real estate market (07852) currently shows 11 active listings, with 6 pending sales. Homes are averaging 23 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 23 days on market compared to 16 days last year.

The median listing price has risen 23.6% year-over-year, from $438,725 to $542,225.

Whether you are buying or selling in LEDGEWOOD, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 4,095  ·  Density: 437.4/mi²  ·  Median household income: $92,115

Typical home value: $418,544  ·  Homeownership: 83.3%

Market Overview

Active Listings
11
⇩ 8.3% vs 12 last year
Pending
6
55% pending ratio
Median Price
$542,225
⇧ 23.6% vs $438,725 last year
Average Price
$620,417
⇧ 23.6% vs $501,892 last year
Days on Market
23
⇧ 43.8% vs 16 days last year

Price Per Square Foot

Median $/sqft
$258
⇩ 6.5% vs $276/sqft last year
Median Home Size
2,880 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 11 this year vs 12 last year
  • Days on market: 23 now vs 16 last year

Median & Average Pricing

Year over Year
  • Median: $542,225 (+23.6% YoY)
  • Average: $620,417 (+23.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.1 miles — 320 listings ($231,973,512 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07852Ledgewood, NJ 078520.0 mi9$3,596,004$339,999$399,556
07857Netcong, NJ 078572.0 mi2$1,198,000$599,000$599,000
07847Kenvil, NJ 078472.2 mi3$2,100,000$700,000$700,000
07836Flanders, NJ 078363.1 mi19$13,537,006$615,000$712,474
07874Stanhope, NJ 078743.9 mi27$12,082,230$469,450$447,490
07828Budd Lake, NJ 078284.6 mi17$9,267,992$582,990$545,176
07885Wharton, NJ 078855.7 mi29$13,874,963$486,950$478,447
07801Dover, NJ 078017.0 mi19$9,276,389$448,225$488,231
07930Chester, NJ 079307.1 mi13$15,664,558$1,099,725$1,204,966
07840Hackettstown, NJ 078408.9 mi50$28,299,800$519,750$565,996
07834Denville, NJ 078349.3 mi41$26,674,600$481,975$650,600
07950Morris Plains, NJ 079509.9 mi33$18,920,814$618,700$573,358
07960Morristown, NJ 0796011.1 mi58$77,481,156$950,000$1,335,882

Frequently Asked Questions

How many homes are for sale in LEDGEWOOD, NJ 07852?

As of April 2026, there are 11 active listings in LEDGEWOOD, NJ (zip code 07852), compared to 12 the prior year.

What is the median home price in LEDGEWOOD, NJ 07852?

The median listing price in LEDGEWOOD, NJ 07852 is $542,225 as of April 2026, a 23.6% increase from $438,725 the prior year.

How long do homes stay on the market in LEDGEWOOD, NJ?

Homes in LEDGEWOOD, NJ 07852 spend an average of 23 days on the market before going under contract, compared to 16 days the prior year.

Is it a seller's or buyer's market in LEDGEWOOD, NJ 07852?

Based on current inventory and days-on-market data as of April 2026, LEDGEWOOD, NJ 07852 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 23 days on market compared to 16 days last year.

How much can I save on real estate commission in LEDGEWOOD, NJ?

With SELL123.com's maximum 3% commission, sellers in LEDGEWOOD, NJ 07852 save an estimated $10,845 compared to a typical 5% commission on the median listing price of $542,225. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.