Why Live in Park Ridge
Park Ridge is a neighborhood that offers a blend of suburban tranquility and urban convenience, bordered by natural forests to the west and the Chicago skyline to the east. The area features a mix of single-family homes, townhouses, and condominiums, with styles ranging from Colonial Revivals to Cape Cods, bungalows, and ranch-style homes. Residents enjoy well-maintained lawns, old-growth trees, and attached garages. The neighborhood is known for its highly-rated schools, including Theodore Roosevelt Elementary, George Washington Elementary, Franklin Elementary, Emerson Middle School, Lincoln Middle School, and Maine South High School, all of which receive high marks. Park Ridge is about 19 miles from Downtown Chicago, with convenient access to the Blue Line, two Metra stations, and Interstate 90, making it an easy commute for downtown workers. O'Hare International Airport is approximately 6 miles away, which can lead to elevated noise and traffic levels in some areas. The neighborhood boasts a vibrant downtown area, referred to as "Uptown," featuring a variety of dining options, shops, and a popular farmer's market. Local highlights include the Park Ridge Country Club, Centennial Park, and numerous other parks offering athletic fields, walking trails, and pickleball courts. Community events such as the Taste of Park Ridge, Fourth of July celebrations, and holiday festivities contribute to the small-town atmosphere. Safety in Park Ridge is favorable, with crime rates lower than the national average.
Home Trends in Park Ridge, IL
On average, homes in Park Ridge, IL sell after 21 days on the market compared to the national average of 52 days. The median sale price for homes in Park Ridge, IL over the last 12 months is $547,500, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$547,500
Median Single Family Sale Price
$607,000
Median Townhouse Sale Price
$519,000
Median 2 Bedroom Sale Price
$276,250
Median 1 Bedroom Sale Price
$169,500
Average Price Per Sq Ft
$301
Number of Homes for Sale
51
Last 12 months Home Sales
379
Median List Price
$549,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
4%