All Home Types
Park Ridge, IL Housing Market
What is the housing market like in Park Ridge today?
In September 2024, Park Ridge home prices were down 3.6% compared to last year, selling for a median price of $535K. On average, homes in Park Ridge sell after 47 days on the market compared to 50 days last year. There were 38 homes sold in September this year, up from 36 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$535,000
-3.6% YoY | Sep 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Sep 2024
Growth
% YoY
Park Ridge, IL
$535,000
-3.6%
United States
Work with the best agents in Park Ridge
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
Park Ridge Migration & Relocation Trends
In Aug '24 - Oct '24, 14% of Park Ridge homebuyers searched to move out of Park Ridge, while 86% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Park Ridge from outside metros.
- New York homebuyers searched to move into Park Ridge more than any other metro followed by Peoria and St. Louis.
Where are people moving to Park Ridge from?
- 86% of Park Ridge homebuyers searched to stay within the Park Ridge metropolitan area.
- South Bend was the most popular destination among Park Ridge homebuyers followed by Milwaukee and Cape Coral.
Where are people from Park Ridge moving to?
Number of People Moving to Park Ridge
least
most
People are moving to Park Ridge from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 2,053 | ||
| 2 | 1,103 | ||
| 3 | 730 | ||
| 4 | 670 | ||
| 5 | 488 | ||
| 6 | 449 | ||
| 7 | 414 | ||
| 8 | 321 | ||
| 9 | 194 | ||
| 10 | 169 | ||
People are leaving Park Ridge for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 1,552 | ||
| 2 | 1,440 | ||
| 3 | 1,373 | ||
| 4 | 1,096 | ||
| 5 | 870 | ||
| 6 | 766 | ||
| 7 | 689 | ||
| 8 | 670 | ||
| 9 | 608 | ||
| 10 | 604 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Park Ridge.
Provided by First Street Foundation
Transportation in Park Ridge
Learn about the walkability, bikeability, and transit-friendliness of Park Ridge
Somewhat Walkable
Walk Score®
Some Transit
Transit Score®
Bikeable
Bike Score®
About us
Find us
Subsidiaries
United States
CanadaCopyright: © 2024 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.