Park Ridge Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $479,450
    1% ( $4,550 ) vs Jun 2014
  • Median Sales Price
    $365,000
    0% ( $0 ) vs Jun 2014
  • Median Foreclosure Sales Price
    $572,500
    116% ( $307,500 ) vs Jun 2014
  • Foreclosures 90
    Homes for Sale 153
    Recently Sold 99

Market Summary

There are currently 90 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 153.

In July, the number of properties that received a foreclosure filing in Park Ridge, IL was 80% higher than the previous month and 50% higher than the same time last year.

Home sales for June 2015 were down 27% compared with the previous month, and down 41% compared with a year ago. The median sales price of a non-distressed home was $365,000. The median sales price of a foreclosure home was $572,500, or 57% higher than non-distressed home sales.

Sales Prices - Park Ridge, IL


  • Foreclosure Discount
    NOT AVAILABLE


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$572,500 (Median Foreclosure Sales Price) $265,000 (Median Foreclosure Sales Price) $197,000 (Median Foreclosure Sales Price) $226,250 (Median Foreclosure Sales Price) $300,000 (Median Foreclosure Sales Price) $457,500 (Median Foreclosure Sales Price) $365,000 (Median Sales Price) $365,000 (Median Sales Price) $306,000 (Median Sales Price) $351,500 (Median Sales Price) $342,500 (Median Sales Price) $350,000 (Median Sales Price) $572,500 (Median Foreclosure Sales Price) $265,000 (Median Foreclosure Sales Price) $197,000 (Median Foreclosure Sales Price) $226,250 (Median Foreclosure Sales Price) $300,000 (Median Foreclosure Sales Price) $457,500 (Median Foreclosure Sales Price) $365,000 (Median Sales Price) $365,000 (Median Sales Price) $306,000 (Median Sales Price) $351,500 (Median Sales Price) $342,500 (Median Sales Price) $350,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
1,949
23.9
% (y-o-y)
$290,500
0.2
% (y-o-y)
62.7%
66.9
% (y-o-y)
Des Plaines
64
37.9
% (y-o-y)
$180,000
9.1
% (y-o-y)
31.0%
29.1
% (y-o-y)
Oak Park
49
37.2
% (y-o-y)
$332,500
10.1
% (y-o-y)
43.3%
51.3
% (y-o-y)
Skokie
42
41.7
% (y-o-y)
$275,000
18.3
% (y-o-y)
27.3%
23.4
% (y-o-y)
Elmwood Park
37
0.0
% (y-o-y)
$225,000
6.5
% (y-o-y)
36.1%
47.2
% (y-o-y)
Melrose Park
30
6.3
% (y-o-y)
$162,000
24.1
% (y-o-y)
41.4%
19.5
% (y-o-y)
Morton Grove
23
0.0
% (y-o-y)
$251,500
3.7
% (y-o-y)
16.5%
9.3
% (y-o-y)
Bellwood
23
8.0
% (y-o-y)
$112,500
4.7
% (y-o-y)
55.6%
51.2
% (y-o-y)
Niles
21
32.3
% (y-o-y)
$230,000
6.0
% (y-o-y)
15.2%
35.3
% (y-o-y)
Bensenville
13
35.0
% (y-o-y)
$172,000
7.0
% (y-o-y)
18.6%
29.5
% (y-o-y)

Local Info For Park Ridge

Population:
37,115
Cost of Living Index: 130.37
Crime Index: 17.73     Rating: A View crime details
Schools: 8    Average School Rating: A View individual school rating
Household Median Income: $85,897
Unemployment: 4.80%
Percentage of vacant homes: 6.64%