Park Ridge Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $499,000
    0% ( $450 ) vs May 2016
  • Median Sales Price
    $424,000
    39% ( $118,750 ) vs May 2016
  • Median Foreclosure Sales Price
    NO DATA
  • Foreclosures 72
    Homes for Sale 247
    Recently Sold 50

Market Summary

There are currently 72 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 247.

In June, the number of properties that received a foreclosure filing in Park Ridge, IL was 12% higher than the previous month and 80% higher than the same time last year.

Home sales for May 2017 were down 25% compared with the previous month, and down 18% compared with a year ago. The median sales price of a non-distressed home was $424,000. 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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$424,000 (Median Sales Price) $305,250 (Median Sales Price) $304,250 (Median Sales Price) $319,000 (Median Sales Price) $385,000 (Median Sales Price) $355,000 (Median Sales Price) $424,000 (Median Sales Price) $305,250 (Median Sales Price) $304,250 (Median Sales Price) $319,000 (Median Sales Price) $385,000 (Median Sales Price) $355,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
615
27.5
% (y-o-y)
$190,000
26.4
% (y-o-y)
Data not available
Des Plaines
19
36.7
% (y-o-y)
$202,250
3.7
% (y-o-y)
Data not available
Elmwood Park
15
36.4
% (y-o-y)
$247,500
4.0
% (y-o-y)
Data not available
Skokie
14
36.4
% (y-o-y)
$341,000
11.8
% (y-o-y)
Data not available
Oak Park
13
23.5
% (y-o-y)
$410,000
36.7
% (y-o-y)
Data not available
Melrose Park
13
31.6
% (y-o-y)
$195,000
30.0
% (y-o-y)
Data not available
Bellwood
10
0.0
% (y-o-y)
$148,000
16.5
% (y-o-y)
Data not available
Franklin Park
9
10.0
% (y-o-y)
$223,000
8.8
% (y-o-y)
Data not available
Niles
7
40.0
% (y-o-y)
$325,000
17.3
% (y-o-y)
Data not available
Morton Grove
6
40.0
% (y-o-y)
$327,000
21.1
% (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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