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Sarah Mitchell

CNESRESABR

Compass Real Estate · Park Ridge, WI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Park Ridge, WI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Park Ridge, WI Housing Market & Real Estate

Seller's market-48.5% YoY

Housing market overview · Updated monthly ·

$250,017median sale price

How is the Park Ridge, WI housing market right now?

The median home sale price in Park Ridge, WI is $250,017, down 48.5% year-over-year. Homes sell in an average of 45 days. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Park Ridge a buyer's or seller's market?

Seller's market45 avg. days on market

Park Ridge, WI is currently a seller's market and homes selling in about 45 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

45

Average pace

Active listings

Sale-to-list

108.8%

Above asking

What does the Park Ridge housing market data show?

Current housing market statistics for Park Ridge, WI
MetricValue
Median sale price$250,017
Year-over-year price change-48.5%
Average days on market45 days
Sale-to-list price ratio108.8%
Median price per sq ft$132/sq ft
Homes sold (latest month)2
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Park Ridge by property type?

How the Park Ridge, WI market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Park Ridge, WI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$250,017$132/sq ft245 days

Source: Redfin · Updated monthly

The Park Ridge housing market is currently classified as a seller's market with a median sale price of $250,017. Prices have fallen 48.5% compared to last year, with homes spending an average of 45 days on market.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 4.0x provides context for how home values compare to local earning capacity.

Homes for sale in Park Ridge

Explore homes currently listed for sale in Park Ridge, Wisconsin across major real estate platforms.

Sale-to-list:108.8%

Who lives in Park Ridge?

Population

589

Median income

$82,083/yr

Median age

45.8 years

Owner-occupied

87.1%

College grads

60.9%

Avg commute

13.4 min

Source: U.S. Census Bureau ACS

What are homes worth in Park Ridge?

Zillow home value

$331,139

Price-to-income

4.0x

Source: Zillow Research

What is it like to live in Park Ridge?

Park Ridge is a community of approximately 1K residents with a median age of 45.8 years.The median household income is $82,083, which reflects a relatively affluent area with strong earning potential. 60.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 87.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 13.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Park Ridge offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Park Ridge, WI?

Want a head-to-head view? Compare Park Ridge side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Park Ridge?

The median home sale price in Park Ridge is $250,017, down 48.5% from last year.

How long do homes stay on market in Park Ridge?

Homes typically spend 45 days on market before going under contract.

What is the median income in Park Ridge?

The median household income is $82,083 per year.

What is the Zillow home value estimate for Park Ridge?

The Zillow Home Value Index (ZHVI) for Park Ridge is $331,139, representing the typical home value in the area.

How much does a single-family home cost in Park Ridge?

The median single-family home price in Park Ridge, WI is $250,017 (about $132 per square foot).

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