The Parkland Ridge housing market is very competitive. The median sale price of a home in Parkland Ridge was $145K last month, down 4.3% since last year.
What is the housing market like in Parkland Ridge today?
In March 2024, Parkland Ridge home prices were down 4.3% compared to last year, selling for a median price of $145K. On average, homes in Parkland Ridge sell after 23 days on the market compared to 50 days last year. There were 4 homes sold in March this year, down from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$144,500
-4.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Parkland Ridge, IL
$144,500
-4.3%
United States
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How hot is the Parkland Ridge housing market?
Parkland Ridge is very competitive. Homes sell in 37 days.
0
100
73
Very 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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 37 days.
Hot homes
can sell for about 5% above list price and go pending in around 25 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
106.8%
+7.5 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Parkland Ridge, IL
106.8%
+7.5 pt
United States
Home offer insights for Parkland Ridge
Explore recent offers and recently sold homes in Parkland Ridge
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 Parkland Ridge housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Parkland Ridge.
Risk Factor
Flood Factor - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Parkland Ridge has a minor risk of flooding. 2 properties in Parkland Ridge are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in Parkland Ridge. Flood risk is increasing slower than the national average.
Parkland Ridge has minimal risk of severe winds over the next 30 years
Wind Factor
Parkland 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.