Park Ridge Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $549,900
    5% ( $30,100 ) vs Mar 2016
  • Median Sales Price
    $304,250
    5% ( $14,750 ) vs Mar 2016
  • Median Foreclosure Sales Price
    NO DATA
  • Foreclosures 70
    Homes for Sale 162
    Recently Sold 46

Market Summary

There are currently 70 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 162.

In April, the number of properties that received a foreclosure filing in Park Ridge, IL was 67% lower than the previous month and 62% lower than the same time last year.

Home sales for March 2017 were up 25% compared with the previous month, and down 85% compared with a year ago. The median sales price of a non-distressed home was $304,250. 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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$304,250 (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) $304,250 (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)
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
698
78.8
% (y-o-y)
$188,750
23.6
% (y-o-y)
66.0%
62.3
% (y-o-y)
Des Plaines
25
68.4
% (y-o-y)
$189,000
3.8
% (y-o-y)
40.2%
45.1
% (y-o-y)
Bellwood
21
43.2
% (y-o-y)
$147,500
47.5
% (y-o-y)
61.4%
30.5
% (y-o-y)
Elmwood Park
9
76.9
% (y-o-y)
$235,050
19.6
% (y-o-y)
Data not available
Oak Park
9
84.7
% (y-o-y)
$435,000
52.1
% (y-o-y)
Data not available
Franklin Park
7
73.1
% (y-o-y)
$171,500
3.6
% (y-o-y)
26.2%
31.3
% (y-o-y)
Melrose Park
6
80.6
% (y-o-y)
$164,500
2.8
% (y-o-y)
13.7%
51.3
% (y-o-y)
Skokie
6
88.9
% (y-o-y)
$292,500
3.0
% (y-o-y)
Data not available
River Grove
5
58.3
% (y-o-y)
$220,250
66.5
% (y-o-y)
Data not available
Morton Grove
5
81.5
% (y-o-y)
$295,000
20.9
% (y-o-y)
Data not available

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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