The Ransom Ridge housing market is somewhat competitive. The median sale price of a home in Ransom Ridge was $620K last month, up 39.7% since last year. The median sale price per square foot in Ransom Ridge is $220, down 24.0% since last year.
What is the housing market like in Ransom Ridge today?
In April 2024, Ransom Ridge home prices were up 39.7% compared to last year, selling for a median price of $620K. On average, homes in Ransom Ridge sell after 72 days on the market compared to 37 days last year. There were 6 homes sold in April this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$619,500
+39.7% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Ransom Ridge, IL
$619,500
+39.7%
United States
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How hot is the Ransom Ridge housing market?
Ransom Ridge is somewhat competitive. Homes sell in 23 days.
0
100
50
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 23 days.
Hot homes
can sell for about 1% above list price and go pending in around 8 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Ransom Ridge housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Ransom Ridge.
Risk Factor
Flood Factor - Minor
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Ransom Ridge has a minor risk of flooding. 32 properties in Ransom Ridge are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in Ransom Ridge. Flood risk is increasing faster than the national average.
Ransom Ridge has minimal risk of severe winds over the next 30 years
Wind Factor
Ransom Ridge has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.