Rising home prices in Park Ridge in April

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The median sale price of a home sold in April in Park Ridge rose by $15,000 while total sales decreased by 89.3 percent, according to BlockShopper.com.

In April, there were 11 homes sold, with a median sale price of $500,000 - a 3.1 percent increase over the $485,000 median sale price for the same period of the previous year. There were 103 homes sold in Park Ridge in April 2021.

The median sales tax in Park Ridge for the most recent year with available data, 2019, was $8,259, approximately 1.7 percent of the median home sale price for April.

The following table compares Park Ridge to other Cook County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Willow Springs222-90.9$500,000$308,25062.2
Park Ridge11103-89.3$500,000$485,0003.1
Oak Park14168-91.7$492,000$365,00034.8
Palos Park418-77.8$430,000$433,500-0.8

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