Ridgeway Homes for Sale

Ridgeway is a residential community in Hobe Sound, Florida. Active listings are currently priced from $195K–$275K.

Pure Equity Realty covers Ridgeway and the Hobe Sound area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 6 Ridgeway Hobe Sound homes for sale as of October 2026. The median asking price is $247,000. Asking prices run from $145,000 to $275,000.

That is 54% below the Hobe Sound median of $539,000. On a per-foot basis, homes here ask about $203 per square foot, compared with $299 across Hobe Sound. So the median price buys roughly 1,200 square feet of living area.

Listings here have averaged 57 days on the market. That is faster than the Hobe Sound average of 150 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Ridgeway date from 1967 to 2020. That puts them between 6 and 59 years old.

The range straddles 2002, when Florida adopted its statewide building code. Therefore two similar-looking homes here can carry very different insurance premiums. Ask for the wind mitigation report on any home you consider, since it drives much of that difference.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Here is what the median Ridgeway price means in Florida closing terms. At $247,000, a 20% down payment comes to about $49,000, leaving a loan near $197,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $690. Next, the intangible tax of 0.2% adds about $394. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Ridgeway median, that is about $1,726.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Ridgeway listings show assignments to Hobe Sound (elementary), Murray (middle) and South Fork (high). However, boundaries can change each year, so confirm the assignment for a specific address with the Martin County School District.