Home/Park Ridge/Market Report

Park Ridge Housing Market Report

August 2026 • Updated daily from MLS data

$930,565
Average Price
73
Active Listings
20
Avg Days on Market
$372
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Park Ridge broken down by property type

Price Distribution

How Park Ridge home prices are distributed across price ranges

Under $100K
0
$100K–$200K
1
1
$200K–$300K
2
2
$300K–$500K
16
16
$500K–$750K
22
22
$750K–$1M
12
12
$1M+
19
19

Listings by Bedrooms

Bedroom count breakdown for active listings in Park Ridge

0
1 Bed
14
2 Bed
29
3 Bed
21
4 Bed
8
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, 1,582 permits were issued, down 24% 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
1,582
Issued Last 12 Months
$9,500
Median Project Value (12 mo)
$63,845,966
Total Construction Value (12 mo)

Most Common Projects (Last 5 Years)

Tree Removal Permit · Tree Removal · …1,565
Single Family · Fence · (CO / Final)948
Single Family · Remodel · (CO / Final)414
Single Family · Flat Work · (CO / Final)348
Multi Family · Misc. Electric · (CO /…311
Single Family · Sewer Repair · (CO / …308

Permits Issued by Year

2016
1
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

Save $25,517 on the Average Park Ridge Home

Traditional agents charge 3% commission ($27,917). With IvyGro, our broker keeps just $2,400 (negotiable at closing) and you keep the rest as your rebate.