Park Ridge Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $449,900
    16% ( $60,900 ) vs Feb 2013
  • Median Sales Price
    $348,000
    6% ( $22,250 ) vs Feb 2013
  • Median Foreclosure Sales Price
    $230,000
    2% ( $5,750 ) vs Feb 2013
  • Foreclosures 150
    Homes for Sale 76
    Recently Sold 576

Market Summary

There are currently 150 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 76.

In March, the number of properties that received a foreclosure filing in Park Ridge, IL was 367% higher than the previous month and 42% lower than the same time last year.

Home sales for February 2014 were down 27% compared with the previous month, and up 6% compared with a year ago. The median sales price of a non-distressed home was $348,000. The median sales price of a foreclosure home was $230,000, or 34% lower than non-distressed home sales.

Sales Prices - Park Ridge, IL




Add this chart to your website.

$230,000 (Median Foreclosure Sales Price) $235,750 (Median Foreclosure Sales Price) $247,500 (Median Foreclosure Sales Price) $240,000 (Median Foreclosure Sales Price) $253,000 (Median Foreclosure Sales Price) $279,250 (Median Foreclosure Sales Price) $348,000 (Median Sales Price) $370,250 (Median Sales Price) $346,000 (Median Sales Price) $341,500 (Median Sales Price) $325,000 (Median Sales Price) $337,000 (Median Sales Price) $230,000 (Median Foreclosure Sales Price) $235,750 (Median Foreclosure Sales Price) $247,500 (Median Foreclosure Sales Price) $240,000 (Median Foreclosure Sales Price) $253,000 (Median Foreclosure Sales Price) $279,250 (Median Foreclosure Sales Price) $348,000 (Median Sales Price) $370,250 (Median Sales Price) $346,000 (Median Sales Price) $341,500 (Median Sales Price) $325,000 (Median Sales Price) $337,000 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
RealtyTrac can supply you with this data through reports or a data license. Contact us now!

Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,553
10.1
% (y-o-y)
$250,000
16.0
% (y-o-y)
64.6%
63.8
% (y-o-y)
Des Plaines
105
8.7
% (y-o-y)
$140,000
13.8
% (y-o-y)
16.8%
39.8
% (y-o-y)
Skokie
65
3.2
% (y-o-y)
$226,750
29.6
% (y-o-y)
11.1%
6.4
% (y-o-y)
Oak Park
48
15.8
% (y-o-y)
$292,000
0.7
% (y-o-y)
33.7%
47.2
% (y-o-y)
Melrose Park
41
8.9
% (y-o-y)
$129,000
20.6
% (y-o-y)
29.8%
28.0
% (y-o-y)
Bellwood
40
110.5
% (y-o-y)
$85,000
14.5
% (y-o-y)
34.7%
41.8
% (y-o-y)
Elmwood Park
36
47.8
% (y-o-y)
$162,000
12.5
% (y-o-y)
10.5%
20.1
% (y-o-y)
Niles
32
77.8
% (y-o-y)
$230,000
5.7
% (y-o-y)
5.9%
23.7
% (y-o-y)
Morton Grove
26
33.3
% (y-o-y)
$229,000
6.5
% (y-o-y)
Data not available
Harwood Heights
21
25.0
% (y-o-y)
$220,000
22.2
% (y-o-y)
18.1%
8.3
% (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: 6.10%
Percentage of vacant homes: 6.64%