House Prices

House Prices & Home Values Park Ridge, IL 2026


Average Data

average house price$444,809
average size per house1841 ft²
average price per ft²242 $ / ft²

04/17/2026 - The value range (VR) for house prices in Park Ridge, IL is $222/ sqft to $222/ sqft. An average home with 1841 sqft costs approximately $408,702 to $408,702. Park Ridge, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60068, while the highest are in ZIP 60068. The average price per sqare feet is $242. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Park Ridge

60068208 $ / ft²




Historical development of home values in Park Ridge

Year Estimated value (USD) Change vs. 2025
2010 $206,577 -53.6%
2011 $198,589 -55.4%
2012 $198,054 -55.5%
2013 $205,457 -53.8%
2014 $215,673 -51.5%
2015 $226,742 -49.0%
2016 $238,575 -46.4%
2017 $251,452 -43.5%
2018 $265,354 -40.3%
2019 $277,658 -37.6%
2020 $292,012 -34.4%
2021 $332,132 -25.3%
2022 $387,191 -13.0%
2023 $408,311 -8.2%
2024 $431,932 -2.9%
2025 $444,809 0.0%

Graph: estimated home values in Park Ridge over time (USD)



Example: 100% financing house in Park Ridge

Loan amount: $444,809

Interest rate: 6.00%

Fixed monthly payment: $2,666.85

Breakdown in the 1st month:
Interest portion: $2,224.05  –  Principal portion: $442.81

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $26,539.95 $5,462.31 $439,346.69
2 $26,203.05 $5,799.21 $433,547.48
3 $25,845.36 $6,156.89 $427,390.59
4 $25,465.62 $6,536.64 $420,853.96
5 $25,062.45 $6,939.80 $413,914.15
6 $24,634.42 $7,367.83 $406,546.32
7 $24,179.99 $7,822.26 $398,724.06
8 $23,697.53 $8,304.73 $390,419.33
9 $23,185.31 $8,816.94 $381,602.39
10 $22,641.50 $9,360.75 $372,241.64
11 $22,064.15 $9,938.10 $362,303.53
12 $21,451.19 $10,551.06 $351,752.47
13 $20,800.43 $11,201.83 $340,550.64
14 $20,109.52 $11,892.73 $328,657.91
15 $19,376.00 $12,626.25 $316,031.65
16 $18,597.24 $13,405.01 $302,626.64
17 $17,770.45 $14,231.80 $288,394.84
18 $16,892.67 $15,109.59 $273,285.25
19 $15,960.74 $16,041.52 $257,243.73
20 $14,971.33 $17,030.92 $240,212.81
21 $13,920.90 $18,081.35 $222,131.46
22 $12,805.69 $19,196.57 $202,934.89
23 $11,621.68 $20,380.57 $182,554.32
24 $10,364.65 $21,637.60 $160,916.72
25 $9,030.09 $22,972.16 $137,944.55
26 $7,613.22 $24,389.03 $113,555.52
27 $6,108.96 $25,893.30 $87,662.22
28 $4,511.92 $27,490.34 $60,171.89
29 $2,816.37 $29,185.88 $30,986.00
30 $1,016.25 $30,986.00 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Park Ridge, IL


1500 sqft3900 sqft
Ø selling price$439,231$934,363
Ø fast selling$399,301$840,926
Ø high price sale$479,161$1,027,799

In 2026, houses in Park Ridge, IL will be offered at an average price of $242 per square foot. A 1,500 sqft home priced at $439,231 is 21.46% more expensive per square foot than a 3,900 sqft home priced at $934,363. Home prices in Park Ridge, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $646,866. Sellers who can wait longer may achieve a higher price of up to $790,615.

FAQ – Home Values in Park Ridge

What is the median home value in Park Ridge in 2026?

In 2026, the typical home value in Park Ridge is about $444,809 for an average home size of 1841 square feet. This corresponds to an average price of roughly $242 per square foot.

What is the average cost per square foot in Park Ridge?

In 2026, homes in Park Ridge sell for an average of around $242 per square foot, with a typical range between $222 and $222 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Park Ridge is about 1841 square feet, with an estimated 2026 value around $444,809.



Locations close to Park Ridge, IL

Lincolnshire, IL181 $ / ft²
Prospect Heights, IL197 $ / ft²
Richmond, IL142 $ / ft²
Palatine, IL192 $ / ft²
North Chicago, IL92 $ / ft²
Northbrook, IL262 $ / ft²
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