Spring 2026 Real Estate Market Update: Northern NJ Is Moving Fast

June 2026 | Serving Passaic & Bergen County

Spring has arrived, and so has one of the most competitive real estate markets we've seen in years across Northern New Jersey. Low inventory, high buyer demand, and rising prices are defining the season. If you're thinking about buying or selling, here's what you need to know right now.

🏡 Just Listed & Already Under Contract: 8 Buena Vista, Ringwood

Our most recent listing at 8 Buena Vista in Ringwood went under contract in just a few days - and sold above asking price. This is exactly the kind of result we're seeing across our service area this spring: well-priced, well-presented homes are generating immediate attention and multiple offers. If you've been waiting for the right moment to sell, that moment is now.

Check out our listing video here with over 9K views here

Spotlight: Wanaque Reserve - The 55+ Community Everyone Is Asking About

Downsizers, take note. Wanaque Reserve in Wanaque, NJ is one of the most sought-after active adult communities in the region, and inventory here is at a high at the moment. What does this mean? More choices for you, and less competition! Set on 435 acres with a 20,000 sq. ft. clubhouse, 24-hour gated security, and resort-style amenities, it's easy to see why buyers who are ready to simplify their lifestyle keep gravitating here.

Currently, there are approximately 12 active listings at Wanaque Reserve, with a median listing price around $469,000. Units range from spacious Colfax models (1,768 sq. ft.) to larger Ryerson models (1,910 sq. ft.), most featuring 2 bedrooms, 2 baths, private balconies, and in-unit laundry. If Wanaque Reserve is on your radar, reach out today before this opportunity passes you by!

Deal of the Week

Our listing in Oak Ridge NJ is available and a great condo alternative! If you're perhaps recently divorced, a first time buyer looking for a low-maintainence property, or want to enjoy a quiet semi-rural lake community, this is the home for you. Check out the video tour here!

Market Snapshot by Town

Ringwood: Median home value around $582,000. A nature-lover's dream with Ringwood State Park in its backyard, Ringwood continues to attract buyers seeking space and privacy without sacrificing access to major routes. Demand is strong and supply is tight.

Wanaque: Median around $501,000. A mix of single-family homes and condos (many at Wanaque Reserve) makes this one of the more affordable entry points in the area. Multiple offers are common on move-in-ready listings.

Pompton Lakes: Median near $525,000–$540,000. A perennial favorite thanks to its highly rated schools, walkable downtown on Wanaque Avenue, and easy access to Route 287. Homes here average about 38 days on market, and the right ones go much faster.

Bloomingdale — Median around $532,000. A quieter, more residential feel with strong community roots. New listings are sparse, which keeps upward pressure on prices.

Oakland: Median home values around $733,000–$737,000. A balanced blend of suburban comfort and natural beauty near the Ramapo Mountains. Oakland draws buyers who want more space without leaving the Bergen/Passaic County corridor.

New Milford: A Bergen County gem with median prices in the $600s. Close to major highways and NYC transit, New Milford appeals to commuters and families alike. Inventory is competitive.

Oradell: One of Bergen County's most charming communities, with a walkable downtown along Kinderkamack Road and a strong sense of local character. Prices reflect the premium location, typically ranging well into the $700s–$800s for single-family homes.

Ridgewood: A perennial top performer in Bergen County, with a median near $1,000,000+. Top-ranked schools, a vibrant downtown village, and elegant housing stock continue to fuel demand from both upsizers and out-of-state relocators.

What's Driving the Spring Market?

Inventory remains historically low across all of these towns, and buyer demand - particularly from families, first-time buyers, and downsizers - has not slowed. Homes priced correctly and presented well are routinely receiving multiple offers within the first week. Sellers who are prepared have a significant advantage, and buyers need to be pre-approved and ready to act quickly.

Whether you're a homeowner thinking about making a move, a downsizer exploring options like Wanaque Reserve, or a buyer searching for your next chapter - we're here to help you navigate this market with confidence.

Ready to make your move? Contact us today for a free market analysis of your home or to get a curated list of available properties in any of the towns above.

Market data sourced from NJMLS, Zillow, Redfin, and Homes.com as of May–June 2026. All figures are approximate and subject to change. Contact us for the most current listing data.