$598K
-0.2% Y-o-Y
-$1K Y-o-Y
Park Ridge, IL Housing Market Trends
Market Overview for Q3 2026
$406
11.2% Y-o-Y
$41 Y-o-Y
112
-4.3% Y-o-Y
-5 Y-o-Y
$370K
17% Y-o-Y
$54K Y-o-Y
Park Ridge, IL Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $466,000 | $516,000 | $483,000 | 0 |
| 2023 | $486,000 | $530,000 | $540,000 | $493,000 |
| 2024 | $531,000 | $568,000 | $560,000 | $532,000 |
| 2025 | $550,000 | $577,000 | $599,000 | $574,000 |
| 2026 | $638,000 | $678,000 | $598,000 |
Park Ridge, IL Median Sale Price/Sq. Ft.
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $284 | $308 | $312 | 0 |
| 2023 | $321 | $313 | $323 | $321 |
| 2024 | $334 | $349 | $349 | $334 |
| 2025 | $325 | $378 | $365 | $355 |
| 2026 | $357 | $428 | $406 |
Real Estate Transactions in Park Ridge, IL
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | 151 | 223 | 163 | 0 |
| 2023 | 80 | 163 | 139 | 92 |
| 2024 | 98 | 169 | 131 | 90 |
| 2025 | 87 | 137 | 117 | 86 |
| 2026 | 79 | 140 | 112 |
Cook County Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $275,000 | $300,000 | $280,000 | 0 |
| 2023 | $267,000 | $300,000 | $300,000 | $280,000 |
| 2024 | $290,000 | $325,000 | $320,000 | $305,000 |
| 2025 | $312,000 | $340,000 | $330,000 | $330,000 |
| 2026 | $325,000 | $360,000 | $358,000 |
Park Ridge, IL Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $466,000 | $516,000 | $483,000 | 0 |
| 2023 | $486,000 | $530,000 | $540,000 | $493,000 |
| 2024 | $531,000 | $568,000 | $560,000 | $532,000 |
| 2025 | $550,000 | $577,000 | $599,000 | $574,000 |
| 2026 | $638,000 | $678,000 | $598,000 |
Park Ridge, IL Median Sale Price/Sq. Ft.
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $284 | $308 | $312 | 0 |
| 2023 | $321 | $313 | $323 | $321 |
| 2024 | $334 | $349 | $349 | $334 |
| 2025 | $325 | $378 | $365 | $355 |
| 2026 | $357 | $428 | $406 |
Real Estate Transactions in Park Ridge, IL
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | 151 | 223 | 163 | 0 |
| 2023 | 80 | 163 | 139 | 92 |
| 2024 | 98 | 169 | 131 | 90 |
| 2025 | 87 | 137 | 117 | 86 |
| 2026 | 79 | 140 | 112 |
Cook County Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $275,000 | $300,000 | $280,000 | 0 |
| 2023 | $267,000 | $300,000 | $300,000 | $280,000 |
| 2024 | $290,000 | $325,000 | $320,000 | $305,000 |
| 2025 | $312,000 | $340,000 | $330,000 | $330,000 |
| 2026 | $325,000 | $360,000 | $358,000 |
Housing Market Trends by Property Type
Property Type
Median Sale Price
Median Sale Price (Y-o-Y)
Median Sale Price/Sq. Ft.
Median Sale Price/Sq. Ft. (Y-o-Y)
No. of Transactions
Condos
$390K
-4.9%
-
-
29
Other Residential
$703K
12.5%
$411
9.3%
78
Park Ridge, IL Housing Stock
Property Type
Units
2,924
432
11,558
Cook County: Demographics
Total population
38,667
Median age
44.4
No high school education
2.0%
Some high school/college
16.4%
Bachelor's degree
38.0%
Average household income
$199,640
Occupied housing units
14,867
Owner-occupied units
84.8%
Renter-occupied units
15.2%
Median year structure built
1960
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