Ridgemoor is currently tilted toward sellers, with the market gauge calling it a Seller's Market. Typical home values sit around $355,000, higher than the Grand Rapids city average of about $302,000. Homes are taking longer to move, spending a median of 95 days on the market in March 2026.
Several factors help explain why sellers still have an edge. Inventory is extremely limited, with just 1 home on the market and only 3 new listings in March, while pending sales reached 4 for the month, keeping supply tight even as activity slows. Values have been rising, with the typical home value up 4.41% year over year and jumping 14.52% from the previous month, and projections point to about $377,500 next month even as the projected median list price edges down toward roughly $328,502.
Conditions have shifted for both buyers and sellers compared with last year. Inventory is down 50% year over year, new listings have fallen 66.67%, and pending sales are off 42.86%, suggesting fewer opportunities and more cautious activity on both sides. Sellers are also seeing slightly softer pricing power, with an average sale-to-list ratio near 0.97 and no homes reportedly selling above list in March. Whether you’re a buyer trying to navigate limited options or a seller aiming to price correctly in this slower environment, Agent Pronto can connect you with a local agent who understands Ridgemoor’s trends.
