Park Ridge Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $580,000
    24% ( $111,000 ) vs Feb 2016
  • Median Sales Price
    $319,000
    17% ( $66,000 ) vs Feb 2016
  • Median Foreclosure Sales Price
    NO DATA
  • Foreclosures 68
    Homes for Sale 144
    Recently Sold 41

Market Summary

There are currently 68 properties in Park Ridge, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 144.

In March, the number of properties that received a foreclosure filing in Park Ridge, IL was 150% higher than the previous month and 15% higher than the same time last year.

Home sales for February 2017 were up 0% compared with the previous month, and down 90% compared with a year ago. The median sales price of a non-distressed home was $319,000. The median sales price of a foreclosure home was $0, or 0% higher than non-distressed home sales.

Sales Prices - Park Ridge, IL


  • Foreclosure Discount
    NOT AVAILABLE


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$319,000 (Median Sales Price) $385,000 (Median Sales Price) $355,000 (Median Sales Price) $375,000 (Median Sales Price) $400,000 (Median Sales Price) $400,000 (Median Sales Price) $319,000 (Median Sales Price) $385,000 (Median Sales Price) $355,000 (Median Sales Price) $375,000 (Median Sales Price) $400,000 (Median Sales Price) $400,000 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
512
80.8
% (y-o-y)
$180,000
26.5
% (y-o-y)
65.0%
59.6
% (y-o-y)
Des Plaines
19
81.4
% (y-o-y)
$200,000
23.1
% (y-o-y)
37.3%
44.0
% (y-o-y)
Bellwood
16
56.8
% (y-o-y)
$134,000
41.1
% (y-o-y)
47.8%
32.9
% (y-o-y)
Melrose Park
14
62.2
% (y-o-y)
$181,500
10.5
% (y-o-y)
22.3%
45.2
% (y-o-y)
Niles
9
66.7
% (y-o-y)
$355,000
61.4
% (y-o-y)
Data not available
Oak Park
9
84.2
% (y-o-y)
$396,000
26.5
% (y-o-y)
36.8%
39.3
% (y-o-y)
Franklin Park
6
76.9
% (y-o-y)
$157,500
1.6
% (y-o-y)
17.2%
32.3
% (y-o-y)
River Grove
5
68.8
% (y-o-y)
Data not available
Data not available
Schiller Park
4
75.0
% (y-o-y)
$186,250
7.2
% (y-o-y)
Data not available
Elmwood Park
4
90.5
% (y-o-y)
$295,750
37.6
% (y-o-y)
35.8%
26.9
% (y-o-y)

Local Info For Park Ridge

Population:
37,115
Cost of Living Index: 130.37
Crime Index: 22.20     Rating: A View crime details
Schools: 8    Average School Rating: A View individual school rating
Household Median Income: $85,897
Unemployment: 4.30%
Percentage of vacant homes: 6.64%

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