Photo: Kelly Martin · CC BY-SA 3.0436 homes sold in Park Ridge in the last year, at a typical $598K
About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Park Ridge homes are listed.
Every place Park Ridge homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Park Ridge.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
19% of Park Ridge’s sales are condos, at $375K less than a house
305 houses and 83 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 305 sold in 12 months
- Per square foot
- $331IL $180
- Days to sell
- 50
- Sold over asking
- 39%
- Listings with a price cut
- 13%
typical sale · 83 sold in 12 months
- Per square foot
- $231IL $251
- Days to sell
- 62
- Sold over asking
- 18%
- Listings with a price cut
- 14%
Multi-family (2–4 units): 8 sold, typical $659K
Townhouses: 40 sold, typical $572K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.5 times the 2016 price
436 sales in the last year, against 789 in 2021 and a low of 447 in 2025. The typical sale went from $393K in 2016 to $598K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $600K buys in Park Ridge
Check a listing against what Park Ridge homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Park Ridge are more common than before the pandemic, but 63% fewer homes come up for sale
We read every month of Park Ridge’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 436 sales.
If you’re buying in Park Ridge
- Shop in March. It brings about 88 new listings a month, close to the busiest month, with fewer bidding wars (17% over asking).
- Less room to haggle. Only 13% of listings cut their price, against 19% before the pandemic.
- Bid near asking. Buyers paid 99.4% of the list price on average; 33% paid over.
- You’ll usually have time. Only 45% of homes go under contract within two weeks; the typical one takes 53 days.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 88 a month), but June is the most competitive: 27% of June sales close over asking. March offers nearly as much choice with fewer homes bid up (17%). January has the least competition (12%) but only about 47 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like Illinois as a whole
| Park Ridge now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 33% | 12% | 26% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 45% | 31% | 42% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 13% | 19% | 23% | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 99.4% | 96.2% | 98.1% | 99.2% |
| Days to sellMedian days from listing to contract | 53 | 73 | 27 | 49 |
95 homes for sale on a typical day
That’s 63% fewer than in 2017–19 and well under 2017’s 264.
1 in 8 listings has cut its price
13% in the last year, against 19% in 2017–19 and 19% across Illinois.
Since 2019, houses are up 57%, condos 20%
A house typically sold for $677K in the last year (305 sales), a condo for $302K (83).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Park Ridge ranks 218th of 324 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Park Ridge is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Five things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 22.
Best time to buySchools
The schools grade for Park Ridge, from test results, graduation and how much students grow.
Schools in Park RidgeTypical commute
The average one-way trip to work for people who live in Park Ridge.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Des Plaines, Morton Grove, Harwood Heights, Schiller Park and Niles Township sell for less a square foot
The busier markets within 25 miles of Park Ridge, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Des Plaines | 662 | $368K | $243 | 43% | 49 |
| Park Ridge | 436 | $598K | $303 | 33% | 53 |
| Niles Township | 328 | $382K | $258 | 40% | 52 |
| Morton Grove | 285 | $460K | $273 | 45% | 46 |
| Norridge | 129 | $412K | $312 | 36% | 49 |
| Schiller Park | 112 | $293K | $222 | 44% | 55 |
| Harwood Heights | 67 | $403K | $271 | 37% | 64 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Park Ridge, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Park Ridge. People who follow the town see it, and so do people comparing Park Ridge with their own town. No commission, no listing fee.
Questions about buying a home in Park Ridge
What do homes sell for in Park Ridge, IL?
436 homes sold in the year to May 2026 at a typical $598K, $303 a square foot. Houses sold for about $677K, condos for about $302K.
Is Park Ridge a buyer’s or seller’s market?
A seller’s market: 100 homes were for sale in May 2026 and 55 sold, about 1.8 months of supply. Buyers paid 99.4% of asking on average, and 13% of listings cut their price.
When is the best time to buy in Park Ridge?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
Where can I see homes for sale in Park Ridge?
Zillow, Redfin, Realtor.com and Homes.com all carry Park Ridge’s MLS listings; the search links above open each one filtered to Park Ridge.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).