Park Ridge Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $439,000
    0% ( $450 ) vs Jul 2013
  • Median Sales Price
    $335,000
    4% ( $15,000 ) vs Jul 2013
  • Median Foreclosure Sales Price
    $350,000
    0% ( $0 ) vs Jul 2013
  • Foreclosures 132
    Homes for Sale 90
    Recently Sold 447

Market Summary

There are currently 132 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 90.

In August, the number of properties that received a foreclosure filing in Park Ridge, IL was 17% higher than the previous month and 17% higher than the same time last year.

Home sales for July 2014 were up 27% compared with the previous month, and down 49% compared with a year ago. The median sales price of a non-distressed home was $335,000. The median sales price of a foreclosure home was $350,000, or 4% 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) $343,500 (Median Foreclosure Sales Price) $282,500 (Median Foreclosure Sales Price) $222,500 (Median Foreclosure Sales Price) $230,000 (Median Foreclosure 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) $348,000 (Median 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) $230,000 (Median Foreclosure 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) $348,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,412
56.8
% (y-o-y)
$290,000
5.5
% (y-o-y)
67.2%
69.8
% (y-o-y)
Oak Park
71
48.9
% (y-o-y)
$409,000
21.0
% (y-o-y)
47.4%
65.8
% (y-o-y)
Des Plaines
70
62.2
% (y-o-y)
$177,500
7.6
% (y-o-y)
12.7%
29.8
% (y-o-y)
Skokie
59
58.5
% (y-o-y)
$241,000
5.2
% (y-o-y)
21.2%
36.7
% (y-o-y)
Melrose Park
44
41.3
% (y-o-y)
$129,000
0.8
% (y-o-y)
30.2%
28.8
% (y-o-y)
Elmwood Park
40
60.8
% (y-o-y)
$198,000
21.1
% (y-o-y)
43.7%
26.6
% (y-o-y)
Morton Grove
33
49.2
% (y-o-y)
$275,000
11.1
% (y-o-y)
20.2%
12.8
% (y-o-y)
Niles
26
55.2
% (y-o-y)
$220,000
5.0
% (y-o-y)
23.9%
12.6
% (y-o-y)
Franklin Park
25
43.2
% (y-o-y)
$160,000
12.1
% (y-o-y)
25.0%
19.4
% (y-o-y)
Forest Park
23
20.7
% (y-o-y)
$202,500
2.6
% (y-o-y)
79.3%
56.9
% (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: 5.30%
Percentage of vacant homes: 6.64%