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Featured local agent — Norridge, IL
Sarah Mitchell
Compass Real Estate · Norridge, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Norridge, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$462,500median sale price
How is the Norridge, IL housing market right now?
The median home sale price in Norridge, IL is $462,500, up 6.3% year-over-year. Homes sell in an average of 51 days with 31 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Norridge a buyer's or seller's market?
Norridge, IL is currently a leaning buyer's, based on 5.2 months of supply and homes selling in about 51 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
51
Average pace
Active listings
31
5.2 months supply
Sale-to-list
102.6%
Above asking
What does the Norridge housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $462,500 |
| Median list price | $499,000 |
| Year-over-year price change | +6.3% |
| Average days on market | 51 days |
| Active inventory | 31 listings |
| Months of supply | 5.2 months |
| Sale-to-list price ratio | 102.6% |
| Median price per sq ft | $308/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 22 |
| Listings with a price cut | 12.9% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Norridge by property type?
How the Norridge, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $462,500 | $326/sq ft | 4 | 47 days |
| Condo / Co-op | $247,000 | $247/sq ft | 1 | 48 days |
| Townhouse | $338,000 | $321/sq ft | 1 | 44 days |
Source: Redfin · Updated monthly
The Norridge housing market is currently classified as a leaning buyer's with a median sale price of $462,500. Prices have risen 6.3% compared to last year, with homes spending an average of 51 days on market, indicating 5.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.7x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Norridge
There are currently 31 homes listed for sale in Norridge, Illinois. The median listing price is $499K.
Active listings
31
Homes on market
Median list price
$499K
Avg. days on market
51
Days until sale
New this week
22
Newly listed
Who lives in Norridge?
Population
15,177
Median income
$87,579/yr
Median age
47 years
Owner-occupied
83.6%
College grads
29.4%
Avg commute
35.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Norridge?
Zillow home value
$415,848
Price-to-income
4.7x
Source: Zillow Research
What is it like to live in Norridge?
Norridge is a community of approximately 15K residents with a median age of 47 years.The median household income is $87,579, which reflects a relatively affluent area with strong earning potential. 29.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 83.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 35.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Norridge offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Norridge?
4 schools tracked · 2,504 students
The largest public schools serving Norridge, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Ridgewood Comm High School
Grades 9-12 · 943 students
J Leigh Elem School
Grades PK-4 · 622 students
J Giles Elem School
Grades 5-8 · 504 students
Pennoyer Elem School
Grades PK-8 · 435 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Norridge, IL?
Want a head-to-head view? Compare Norridge side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Norridge?
The median home sale price in Norridge is $462,500, up 6.3% from last year.
How long do homes stay on market in Norridge?
Homes typically spend 51 days on market before going under contract.
What is the median income in Norridge?
The median household income is $87,579 per year.
Is Norridge a buyer's or seller's market?
With 5.2 months of supply, Norridge is currently a leaning buyer's.
What is the Zillow home value estimate for Norridge?
The Zillow Home Value Index (ZHVI) for Norridge is $415,848, representing the typical home value in the area.
What is the median condo price in Norridge?
The median condo/co-op sale price in Norridge, IL is $247,000, compared to $462,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Norridge?
The median single-family home price in Norridge, IL is $462,500 (about $326 per square foot).
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