Park Ridge, IL Real Estate & Property Data

Park Ridge Real Estate Market Trends
Last Updated: June 09, 2023

Accurate and comprehensive real estate data is critical for insight into Park Ridge, IL. ATTOM’s Park Ridge real estate data is updated daily, and current market trends show that in Park Ridge, IL a total of 662 residential properties have sold over the past year. With a median home price of $545,000 in Park Ridge and a total of 4 foreclosures. Get detailed property data for Park Ridge, IL instantly. ATTOM is your one-stop-shop for the Park Ridge property reports and real estate data you need in Park Ridge, IL.

Park Ridge Real Estate Market Trends
Total Residential Properties 14,730
Total Commercial Properties 521
Avg. Home Age (Single Family Home) 65 Years
Avg. Square Feet (Single Family Home) 2,026
Total 2023 Residential Sales (year-to-date) 135
% of Homes Seriously Underwater (Q2 2023) 1.47%
Total 2022 Residential Sales 692
% of Equity Rich Homes (Q2 2023) 37.52%
Effective 2022 Property Tax 1.76%
Total Foreclosure Filings (year-to-date) 12
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Park Ridge, IL Real Estate Overview

There were 662 residential properties sold in the past year in Park Ridge, IL. The median home value in Park Ridge, IL is $509,163. There are a total of 14,730 residential properties in the Park Ridge.

Median Sales Price i
$545,000
(Apr 2023)
-7.9%
year-over-year
y-o-y
  • April '23 Apr '23 $545,000
  • March '23 Mar '23 $525,000
  • February '23 Feb '23 $635,000
  • January '23 Jan '23 $488,106
  • December '22 Dec '22 $490,000
  • November '22 Nov '22 $521,000
  • October '22 Oct '22 $497,000
  • September '22 Sep '22 $540,000
  • August '22 Aug '22 $675,000
  • July '22 Jul '22 $525,000
  • June '22 Jun '22 $560,000
  • May '22 May '22 $630,000
Median Down Payment i
$106,500
(Apr 2023)
+25.3%
year-over-year
y-o-y
  • April '23 Apr '23 $106,500
  • March '23 Mar '23 $98,600
  • February '23 Feb '23 $134,000
  • January '23 Jan '23 $140,000
  • December '22 Dec '22 $123,000
  • November '22 Nov '22 $83,500
  • October '22 Oct '22 $94,375
  • September '22 Sep '22 $92,900
  • August '22 Aug '22 $124,000
  • July '22 Jul '22 $119,000
  • June '22 Jun '22 $106,000
  • May '22 May '22 $100,000
Number of Homes Sold i
57
(Apr 2023)
-10.9%
year-over-year
y-o-y
  • April '23 Apr '23 57
  • March '23 Mar '23 34
  • February '23 Feb '23 22
  • January '23 Jan '23 22
  • December '22 Dec '22 42
  • November '22 Nov '22 28
  • October '22 Oct '22 44
  • September '22 Sep '22 68
  • August '22 Aug '22 72
  • July '22 Jul '22 55
  • June '22 Jun '22 78
  • May '22 May '22 76
Number of Purchase Loans i
51
(Apr 2023)
-21.5%
year-over-year
y-o-y
  • April '23 Apr '23 51
  • March '23 Mar '23 32
  • February '23 Feb '23 16
  • January '23 Jan '23 18
  • December '22 Dec '22 34
  • November '22 Nov '22 22
  • October '22 Oct '22 36
  • September '22 Sep '22 56
  • August '22 Aug '22 73
  • July '22 Jul '22 46
  • June '22 Jun '22 70
  • May '22 May '22 72
Number of REFI Loans i
15
(Apr 2023)
-71.2%
year-over-year
y-o-y
  • April '23 Apr '23 15
  • March '23 Mar '23 8
  • February '23 Feb '23 6
  • January '23 Jan '23 10
  • December '22 Dec '22 6
  • November '22 Nov '22 9
  • October '22 Oct '22 16
  • September '22 Sep '22 10
  • August '22 Aug '22 10
  • July '22 Jul '22 15
  • June '22 Jun '22 13
  • May '22 May '22 17
Number of HELOC Loans i
7
(Apr 2023)
-63.2%
year-over-year
y-o-y
  • April '23 Apr '23 7
  • March '23 Mar '23 18
  • February '23 Feb '23 11
  • January '23 Jan '23 24
  • December '22 Dec '22 15
  • November '22 Nov '22 25
  • October '22 Oct '22 19
  • September '22 Sep '22 34
  • August '22 Aug '22 22
  • July '22 Jul '22 23
  • June '22 Jun '22 24
  • May '22 May '22 20

Park Ridge, IL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

Park Ridge, IL Foreclosure Activity

There were a total of 4 Park Ridge, IL properties with a foreclosure filing in April 2023. Lenders started the foreclosure process on 2 Park Ridge, IL properties and repossessed 1 Park Ridge, IL properties through completed foreclosures (REOs) in April 2023.

Total Foreclosure Filings i
4
(Apr 2023)
+300%
year-over-year
y-o-y
  • April '23 Apr '23 4
  • March '23 Mar '23 1
  • February '23 Feb '23 4
  • January '23 Jan '23 3
  • December '22 Dec '22 4
  • November '22 Nov '22 3
  • October '22 Oct '22 4
  • September '22 Sep '22 3
  • August '22 Aug '22 2
  • July '22 Jul '22 7
  • June '22 Jun '22 6
  • May '22 May '22 5
Foreclosure Starts i
2
(Apr 2023)
+100%
year-over-year
y-o-y
  • April '23 Apr '23 2
  • March '23 Mar '23 N/A
  • February '23 Feb '23 2
  • January '23 Jan '23 3
  • December '22 Dec '22 2
  • November '22 Nov '22 2
  • October '22 Oct '22 3
  • September '22 Sep '22 2
  • August '22 Aug '22 2
  • July '22 Jul '22 6
  • June '22 Jun '22 5
  • May '22 May '22 5
Completed Foreclosures (REOs) i
1
(Apr 2023)
year-over-year
y-o-y
  • April '23 Apr '23 1
  • March '23 Mar '23 1
  • February '23 Feb '23 N/A
  • January '23 Jan '23 N/A
  • December '22 Dec '22 N/A
  • November '22 Nov '22 N/A
  • October '22 Oct '22 N/A
  • September '22 Sep '22 N/A
  • August '22 Aug '22 3
  • July '22 Jul '22 N/A
  • June '22 Jun '22 N/A
  • May '22 May '22 2
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