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Park Ridge Housing Market Report

November 2026 • Updated daily from MLS data

$972,762
Average Price
71
Active Listings
26
Avg Days on Market
$388
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Park Ridge broken down by property type

44
Single Family
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20
Condo
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5
Townhouse
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0
Multifamily
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Price Distribution

How Park Ridge home prices are distributed across price ranges

Under $100K
0
$100K–$200K
3
3
$200K–$300K
8
8
$300K–$500K
9
9
$500K–$750K
19
19
$750K–$1M
9
9
$1M+
21
21

Listings by Bedrooms

Bedroom count breakdown for active listings in Park Ridge

3
1 Bed
17
2 Bed
21
3 Bed
22
4 Bed
6
5+ Bed

Demographics & Community

Census data for Park Ridge, Illinois

39,368
Population
$137,964
Median Household Income
45.1
Median Age
$518,500
Census Median Home Value

Housing Occupancy

Total Housing Units16,199
Owner-Occupied12,961 (85.1%)
Renter-Occupied2,273 (14.9%)
Vacant Units965
Median Rent$1,487/mo

Commute & Education

Median Commute15678 min
Work From Home9.7%
Public Transit5.2%
Bachelor's Degree+45.1%
High School Diploma+0.0%

Affordability & Housing Costs

HUD data for the Park Ridge area

Fair Market Rent (2024)

Studio$1,399/mo
1 Bedroom$1,507/mo
2 Bedroom$1,714/mo
3 Bedroom$2,182/mo
4 Bedroom$2,583/mo

Income Limits (2024)

Median Family Income$112,100
Low Income (4-person)$89,700
Very Low Income (4-person)$56,050
Extremely Low (4-person)$33,650

Safety & Crime Statistics

Crime data for Park Ridge (2024)

36
Violent Crimes
318
Property Crimes
114
Burglaries
36
Vehicle Thefts

Building Permit Activity

IvyGro tracks 21,934 building permits issued by City of Park Ridge, with records dating back to 2008. In the last 12 months, 985 permits were issued, down 53% from the year before. Every Park Ridge listing on IvyGro shows the full permit history for that address: roofs, remodels, additions, and more.

21,934
Permits on Record
985
Issued Last 12 Months
$9,500
Median Project Value (12 mo)
$43,351,221
Total Construction Value (12 mo)

Most Common Projects (Last 5 Years)

Tree Removal Permit · Tree Removal · …1,445
Single Family · Fence · (CO / Final)871
Single Family · Remodel · (CO / Final)390
Single Family · Flat Work · (CO / Final)322
Multi Family · Misc. Electric · (CO /…310
Single Family · Sewer Repair · (CO / …298

Permits Issued by Year

2017
42
2018
861
2019
2,223
2020
2,323
2021
2,544
2022
2,178
2023
2,403
2024
2,340
2025
2,056
2026
774

See the full Park Ridge permit report or browse Park Ridge listings to see the permit history for any home.

School Districts

School districts serving Park Ridge properties

64
63

Featured Listings in Park Ridge

Top properties currently on the market

49 Park
$763,900
3
3
3,600 sqft
49 Park
Park Ridge, IL
125 Boardwalk
$430,000
2
2
1,800 sqft
125 Boardwalk
Park Ridge, IL
1605 Fairview
$800,000
4
3
2,590 sqft
1605 Fairview
Park Ridge, IL
200 Thames
$214,900
2
2
200 Thames
Park Ridge, IL
535 CEDAR
$1,645,000
4
4
5,541 sqft
535 CEDAR
Park Ridge, IL
2400 Talcott
$374,000
3
2
1,400 sqft
2400 Talcott
Park Ridge, IL
View All Park Ridge Properties

Save $26,783 on the Average Park Ridge Home

Traditional agents charge 3% commission ($29,183). With IvyGro, our broker keeps just $2,400 (negotiable at closing) and you keep the rest as your rebate.

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