Park Ridge Real Estate Market

Park Ridge Market

The median sale price for homes in Park Ridge over the last 12 months is $325,000.


The median mortgage debt is $185,242.

Additional Statistics for Single Family Homes and Condos in Park Ridge, IL
$376,800
Median Listing Price
79
Median Days on Market
258
Active Listings
11.6%
Distressed Listings
(foreclosures and short sales)
Park Ridge, IL Price Trends - Sold vs. Listed
The median list price in May for single family homes in Park Ridge is $449,000. The list prices increased by 3.09% from the previous month.

The price per square foot for listings in this area is $231.

The median sale price in December for single family homes is $323,000. The sale prices dropped by -7.84% from the previous month.

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Park Ridge, IL Market Inventory Trends

The number of active listings in Park Ridge dropped by 0.6% from the previous month.

The median number of days active properties have been listed is 61. This is significantly shorter than the national average.

The number of sales in December dropped by 54.2% from the previous month.

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Park Ridge, IL Property Ownership

The percent of owner occupied properties in Park Ridge is 18.24% above the national average.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.