Ridgefield, WA Luxury Homes for Sale

In May 2025, Ridgefield’s housing market showed moderate price growth, with the median home price rising 2.3% year-over-year to $616K. This increase reflects steady demand despite broader market fluctuations. Homes are also selling more quickly than last year, averaging just 25 days on the market compared to 35 days in May 2024, suggesting improved buyer confidence or more competitive pricing by sellers. However, the number of closed sales declined notably, with only 28 homes sold this May versus 44 the year prior. This drop in sales volume may point to lower inventory levels, greater selectivity among buyers, or seasonal shifts in activity. Overall, Ridgefield remains a stable and attractive market with healthy pricing trends, even as transaction volume moderates.

Ridgefield is a somewhat competitive market, with homes typically going pending in around 40 days and selling for approximately the list price. While not all properties generate bidding wars, some do receive multiple offers—especially those that are well-priced, updated, or located in desirable neighborhoods. Hot homes in the area can sell for about 1% above asking and go under contract in as little as 18 days, indicating that strong demand still exists for select listings. Overall, buyers have a bit more time and flexibility, but attractive properties can still move quickly when priced strategically.

As of June 2025, Ridgefield, WA is classified as a balanced market, meaning housing supply and buyer demand are relatively aligned. This creates a stable environment where neither side holds a distinct advantage—homes may not sell instantly, but they aren’t sitting idle either. Sellers can expect to secure fair market value with proper pricing and presentation, while buyers gain the benefit of more negotiation room and less urgency compared to highly competitive markets. It's an ideal landscape for measured decision-making on both sides of the transaction.