All Home Types
Park Ridge, IL Housing Market
What is the housing market like in Park Ridge today?
In February 2025, Park Ridge home prices were up 17.8% compared to last year, selling for a median price of $530K. On average, homes in Park Ridge sell after 54 days on the market compared to 57 days last year. There were 28 homes sold in February this year, up from 19 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$530,000
+17.8% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Park Ridge, IL
$530,000
+17.8%
United States
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Park Ridge Migration & Relocation Trends
In Jan '25 - Mar '25, 16% of Park Ridge homebuyers searched to move out of Park Ridge, while 84% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Park Ridge from outside metros.
- Peoria homebuyers searched to move into Park Ridge more than any other metro followed by New York and Springfield.
Where are people moving to Park Ridge from?
- 84% of Park Ridge homebuyers searched to stay within the Park Ridge metropolitan area.
- Cape Coral was the most popular destination among Park Ridge homebuyers followed by Phoenix and Sarasota.
Where are people from Park Ridge moving to?
Number of People Moving to Park Ridge
least
most
People are moving to Park Ridge from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Jan '25 - Mar '25 | ||
| 1 | 1,083 | ||
| 2 | 865 | ||
| 3 | 752 | ||
| 4 | 732 | ||
| 5 | 646 | ||
| 6 | 519 | ||
| 7 | 360 | ||
| 8 | 337 | ||
| 9 | 270 | ||
| 10 | 254 | ||
People are leaving Park Ridge for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Jan '25 - Mar '25 | ||
| 1 | 2,072 | ||
| 2 | 1,350 | ||
| 3 | 1,165 | ||
| 4 | 1,083 | ||
| 5 | 1,023 | ||
| 6 | 997 | ||
| 7 | 995 | ||
| 8 | 968 | ||
| 9 | 909 | ||
| 10 | 778 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Park Ridge.
Provided by First Street Foundation
Transportation in Park Ridge
Learn about the walkability, bikeability, and transit-friendliness of Park Ridge
Somewhat Walkable
Walk Score®
Some Transit
Transit Score®
Bikeable
Bike Score®
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