The Parkland Ridge housing market is very competitive. The median sale price of a home in Parkland Ridge was $147K last month, down 1.8% since last year. The median sale price per square foot in Parkland Ridge is $152, down 1.3% since last year.
What is the housing market like in Parkland Ridge today?
In January 2025, Parkland Ridge home prices were down 1.8% compared to last year, selling for a median price of $147K. On average, homes in Parkland Ridge sell after 46 days on the market compared to 25 days last year. There were 10 homes sold in January this year, up from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$147,250
-1.8% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Parkland Ridge, IL
$147,250
-1.8%
United States
To compare other locations to the Parkland Ridge and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Champaign add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Parkland Ridge housing market?
Parkland Ridge is very competitive. Homes sell in 32 days.
0
100
75
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 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 32 days.
Hot homes
can sell for about 2% above list price and go pending in around 9 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
96.7%
-2.7 pt YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
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.
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Parkland Ridge has a minor risk of flooding. 3 properties in Parkland Ridge are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Parkland Ridge. Flood risk is increasing faster than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Parkland Ridge has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Parkland Ridge is most at risk from hurricanes. 766 properties in Parkland Ridge have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 44 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 55 mph.