Park Ridge Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $430,000
    2% ( $9,000 ) vs Aug 2013
  • Median Sales Price
    $339,500
    1% ( $4,500 ) vs Aug 2013
  • Median Foreclosure Sales Price
    $350,000
    0% ( $0 ) vs Aug 2013
  • Foreclosures 127
    Homes for Sale 86
    Recently Sold 440

Market Summary

There are currently 127 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 86.

In September, the number of properties that received a foreclosure filing in Park Ridge, IL was 0% higher than the previous month and 8% higher than the same time last year.

Home sales for August 2014 were down 15% compared with the previous month, and down 49% compared with a year ago. The median sales price of a non-distressed home was $339,500. The median sales price of a foreclosure home was $350,000, or 3% higher than non-distressed home sales.

Sales Prices - Park Ridge, IL


  • Foreclosure Discount
    NOT AVAILABLE


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$350,000 (Median Foreclosure Sales Price) $350,000 (Median Foreclosure Sales Price) $350,000 (Median Foreclosure Sales Price) $343,500 (Median Foreclosure Sales Price) $282,500 (Median Foreclosure Sales Price) $222,500 (Median Foreclosure Sales Price) $339,500 (Median Sales Price) $335,000 (Median Sales Price) $350,000 (Median Sales Price) $370,000 (Median Sales Price) $355,000 (Median Sales Price) $335,000 (Median Sales Price) $350,000 (Median Foreclosure Sales Price) $350,000 (Median Foreclosure Sales Price) $350,000 (Median Foreclosure Sales Price) $343,500 (Median Foreclosure Sales Price) $282,500 (Median Foreclosure Sales Price) $222,500 (Median Foreclosure Sales Price) $339,500 (Median Sales Price) $335,000 (Median Sales Price) $350,000 (Median Sales Price) $370,000 (Median Sales Price) $355,000 (Median Sales Price) $335,000 (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
3,064
40.0
% (y-o-y)
$292,500
5.6
% (y-o-y)
66.2%
68.6
% (y-o-y)
Des Plaines
94
49.7
% (y-o-y)
$180,500
6.8
% (y-o-y)
11.4%
33.1
% (y-o-y)
Skokie
80
46.7
% (y-o-y)
$249,000
6.0
% (y-o-y)
23.5%
27.9
% (y-o-y)
Oak Park
69
49.3
% (y-o-y)
$377,500
14.4
% (y-o-y)
33.4%
74.2
% (y-o-y)
Elmwood Park
42
46.2
% (y-o-y)
$211,250
25.4
% (y-o-y)
37.5%
31.2
% (y-o-y)
Melrose Park
40
55.1
% (y-o-y)
$130,000
4.4
% (y-o-y)
27.3%
32.1
% (y-o-y)
Niles
36
35.7
% (y-o-y)
$249,000
10.7
% (y-o-y)
36.5%
43.1
% (y-o-y)
Morton Grove
30
42.3
% (y-o-y)
$275,000
12.7
% (y-o-y)
27.3%
12.3
% (y-o-y)
Bellwood
29
35.6
% (y-o-y)
$105,000
5.0
% (y-o-y)
44.8%
55.0
% (y-o-y)
Forest Park
26
3.7
% (y-o-y)
$171,500
3.9
% (y-o-y)
70.8%
57.3
% (y-o-y)

Local Info For Park Ridge

Population:
37,115
Cost of Living Index: 130.37
Crime Index: 33.06     Rating: A- View crime details
Schools: 8    Average School Rating: A View individual school rating
Household Median Income: $85,897
Unemployment: 5.00%
Percentage of vacant homes: 6.64%