Park Ridge, IL
Housing market overview · Updated weekly
$560,000median sale price
Homes sold
21
Last 12 weeks
Days on market
61
Average pace
Active listings
69
3.3 months supply
Sale-to-list
96.3%
Below asking
The Park Ridge housing market is currently classified as a balanced market with a median sale price of $560,000. Prices have risen 5.7% compared to last year, with homes spending an average of 61 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Park Ridge
There are currently 69 homes listed for sale in Park Ridge, Illinois. The median listing price is $699K.
Active listings
69
Homes on market
Median list price
$699K
Avg. days on market
61
Days until sale
New this week
32
Newly listed
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Frequently asked questions
What is the average home price in Park Ridge?
The median home sale price in Park Ridge is $560,000, up 5.7% from last year.
How long do homes stay on market in Park Ridge?
Homes typically spend 61 days on market before going under contract.
Is Park Ridge a buyer's or seller's market?
With 3.3 months of supply, Park Ridge is currently a balanced market.
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