Park Ridge Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $421,550
    2% ( $8,300 ) vs Nov 2014
  • Median Sales Price
    $417,500
    0% ( $0 ) vs Nov 2014
  • Median Foreclosure Sales Price
    $380,000
    1% ( $2,500 ) vs Nov 2014
  • Foreclosures 91
    Homes for Sale 125
    Recently Sold 472

Market Summary

There are currently 91 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 125.

In December, the number of properties that received a foreclosure filing in Park Ridge, IL was 27% lower than the previous month and 62% lower than the same time last year.

Home sales for November 2015 were up 0% compared with the previous month, and down 67% compared with a year ago. The median sales price of a non-distressed home was $417,500. The median sales price of a foreclosure home was $380,000, or 9% lower than non-distressed home sales.

Sales Prices - Park Ridge, IL




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$380,000 (Median Foreclosure Sales Price) $382,500 (Median Foreclosure Sales Price) $287,500 (Median Foreclosure Sales Price) $265,000 (Median Foreclosure Sales Price) $430,000 (Median Foreclosure Sales Price) $572,500 (Median Foreclosure Sales Price) $417,500 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $382,000 (Median Sales Price) $405,500 (Median Sales Price) $365,000 (Median Sales Price) $380,000 (Median Foreclosure Sales Price) $382,500 (Median Foreclosure Sales Price) $287,500 (Median Foreclosure Sales Price) $265,000 (Median Foreclosure Sales Price) $430,000 (Median Foreclosure Sales Price) $572,500 (Median Foreclosure Sales Price) $417,500 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $382,000 (Median Sales Price) $405,500 (Median Sales Price) $365,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
1,889
28.5
% (y-o-y)
$237,000
12.4
% (y-o-y)
57.4%
64.9
% (y-o-y)
Des Plaines
71
33.0
% (y-o-y)
$180,000
0.6
% (y-o-y)
35.6%
41.6
% (y-o-y)
Skokie
52
33.3
% (y-o-y)
$245,000
9.8
% (y-o-y)
24.0%
27.2
% (y-o-y)
Elmwood Park
30
33.3
% (y-o-y)
$224,000
27.8
% (y-o-y)
32.6%
13.8
% (y-o-y)
Oak Park
30
41.2
% (y-o-y)
$305,500
1.5
% (y-o-y)
39.4%
45.4
% (y-o-y)
Harwood Heights
29
26.1
% (y-o-y)
$265,000
8.6
% (y-o-y)
37.2%
33.4
% (y-o-y)
Melrose Park
28
20.0
% (y-o-y)
$215,000
53.6
% (y-o-y)
65.6%
21.4
% (y-o-y)
Bellwood
22
83.3
% (y-o-y)
$116,000
20.2
% (y-o-y)
48.7%
45.6
% (y-o-y)
Niles
20
39.4
% (y-o-y)
$225,000
2.2
% (y-o-y)
26.4%
40.0
% (y-o-y)
Franklin Park
18
25.0
% (y-o-y)
$137,500
8.3
% (y-o-y)
Data not available

Local Info For Park Ridge

Population:
37,115
Cost of Living Index: 130.37
Crime Index: 12.72     Rating: A+ View crime details
Schools: 8    Average School Rating: A View individual school rating
Household Median Income: $85,897
Unemployment: 3.90%
Percentage of vacant homes: 6.64%

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