$1,900
2 bd1 ba1,400 sqft
1950 Parkside Dr #2D
Park Ridge, IL Housing Market
$537,992
5.9% 1-yrThe average Park Ridge, IL home value is $537,992, up 5.9% over the past year.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Park Ridge Key Takeaways
Typical Home Values: $537,992
1-year Value Change: +5.9%
(Data through November 30, 2025)
Park Ridge Housing Market Overview
--1-year Market Forecast
79For sale inventory(November 30, 2025)
27New listings(November 30, 2025)
0.981Median sale to list ratio(October 31, 2025)
$574,417Median sale price(October 31, 2025)
$576,450Median list price(November 30, 2025)
23.3%Percent of sales over list price(October 31, 2025)
59.3%Percent of sales under list price(October 31, 2025)
--Median days to pending
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Park Ridge
- NameMedian ZHVI
- Emerson Place$491,172
- Ransom Ridge$487,428
- Edison Park$437,938
- Oakton Manor$393,979
- Jonquil Terrace$424,000
- Oasis$400,731
- Grennan Heights$410,929
- Oak Park$427,451
- Ballard Terrace$354,855
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Park Ridge Rental Market Trends
$2,580Average rent in Park Ridge(November 30, 2025)
$1,925National average rent(November 30, 2025)
0.3%Month-over-month change(November 30, 2025)
6.6%Year-over-year change(November 30, 2025)
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
