Park Ridge Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $391,750
    0% ( $0 ) vs Dec 2013
  • Median Sales Price
    $326,000
    4% ( $14,000 ) vs Dec 2013
  • Median Foreclosure Sales Price
    $337,500
    22% ( $97,500 ) vs Dec 2013
  • Foreclosures 120
    Homes for Sale 82
    Recently Sold 347

Market Summary

There are currently 120 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 82.

In January, the number of properties that received a foreclosure filing in Park Ridge, IL was 10% lower than the previous month and 58% higher than the same time last year.

Home sales for December 2014 were down 100% compared with the previous month, and down 100% compared with a year ago. The median sales price of a non-distressed home was $326,000. The median sales price of a foreclosure home was $337,500, or 4% higher than non-distressed home sales.

Sales Prices - Park Ridge, IL


  • Foreclosure Discount
    NOT AVAILABLE


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$337,500 (Median Foreclosure Sales Price) $435,000 (Median Foreclosure Sales Price) $317,500 (Median Foreclosure Sales Price) $305,000 (Median Foreclosure Sales Price) $350,000 (Median Foreclosure Sales Price) $350,000 (Median Foreclosure Sales Price) $326,000 (Median Sales Price) $340,000 (Median Sales Price) $345,000 (Median Sales Price) $380,000 (Median Sales Price) $339,500 (Median Sales Price) $335,000 (Median Sales Price) $337,500 (Median Foreclosure Sales Price) $435,000 (Median Foreclosure Sales Price) $317,500 (Median Foreclosure Sales Price) $305,000 (Median Foreclosure Sales Price) $350,000 (Median Foreclosure Sales Price) $350,000 (Median Foreclosure Sales Price) $326,000 (Median Sales Price) $340,000 (Median Sales Price) $345,000 (Median Sales Price) $380,000 (Median Sales Price) $339,500 (Median Sales Price) $335,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
618
81.0
% (y-o-y)
$260,000
1.6
% (y-o-y)
63.8%
64.8
% (y-o-y)
Elmwood Park
19
62.7
% (y-o-y)
$150,000
11.8
% (y-o-y)
0.7%
11.8
% (y-o-y)
Des Plaines
18
83.9
% (y-o-y)
$168,000
4.7
% (y-o-y)
37.5%
29.0
% (y-o-y)
Skokie
15
85.1
% (y-o-y)
$265,000
12.8
% (y-o-y)
32.5%
14.3
% (y-o-y)
Melrose Park
14
77.8
% (y-o-y)
$130,000
0.0
% (y-o-y)
9.6%
19.2
% (y-o-y)
Oak Park
12
76.9
% (y-o-y)
$291,000
5.1
% (y-o-y)
36.4%
40.6
% (y-o-y)
Bellwood
11
52.2
% (y-o-y)
$90,000
8.6
% (y-o-y)
34.4%
43.4
% (y-o-y)
Franklin Park
9
62.5
% (y-o-y)
$135,000
4.4
% (y-o-y)
20.7%
4.1
% (y-o-y)
Morton Grove
9
71.0
% (y-o-y)
$250,000
9.1
% (y-o-y)
17.6%
20.6
% (y-o-y)
Niles
7
79.4
% (y-o-y)
$225,000
3.0
% (y-o-y)
32.4%
18.1
% (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: 4.40%
Percentage of vacant homes: 6.64%