Park Ridge Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $469,000
    3% ( $12,500 ) vs Jan 2016
  • Median Sales Price
    $390,000
    4% ( $16,500 ) vs Jan 2016
  • Median Foreclosure Sales Price
    NO DATA
  • Foreclosures 72
    Homes for Sale 138
    Recently Sold 39

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 138.

In February, the number of properties that received a foreclosure filing in Park Ridge, IL was 20% higher than the previous month and 67% lower than the same time last year.

Home sales for January 2017 were up 33% compared with the previous month, and down 86% compared with a year ago. The median sales price of a non-distressed home was $390,000. 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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$390,000 (Median Sales Price) $406,500 (Median Sales Price) $515,000 (Median Sales Price) $400,000 (Median Sales Price) $400,000 (Median Sales Price) $400,000 (Median Sales Price) $390,000 (Median Sales Price) $406,500 (Median Sales Price) $515,000 (Median Sales Price) $400,000 (Median Sales Price) $400,000 (Median Sales Price) $400,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
666
66.9
% (y-o-y)
$180,000
26.5
% (y-o-y)
63.6%
60.0
% (y-o-y)
Des Plaines
18
73.5
% (y-o-y)
$218,000
36.3
% (y-o-y)
32.3%
30.5
% (y-o-y)
Melrose Park
15
53.1
% (y-o-y)
$175,750
0.4
% (y-o-y)
27.3%
48.6
% (y-o-y)
Skokie
8
86.9
% (y-o-y)
$275,000
3.0
% (y-o-y)
Data not available
Elmwood Park
7
77.4
% (y-o-y)
$295,000
27.2
% (y-o-y)
Data not available
Franklin Park
7
53.3
% (y-o-y)
$153,250
4.6
% (y-o-y)
14.9%
35.8
% (y-o-y)
Bellwood
5
83.9
% (y-o-y)
$143,500
23.7
% (y-o-y)
47.7%
44.8
% (y-o-y)
Forest Park
5
68.8
% (y-o-y)
$315,000
98.7
% (y-o-y)
Data not available
Morton Grove
4
76.5
% (y-o-y)
$312,500
35.6
% (y-o-y)
Data not available
Niles
4
81.8
% (y-o-y)
$235,000
0.9
% (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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