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Advertise here →Park Ridge, IL · Market Data
Park Ridge, Illinois real estate market data.
Real estate market data for Park Ridge, IL (Cook County) — Census median home value $539,300, county listing prices up about 2.2% over the past year.
Park Ridge, IL is in Cook County, Illinois — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 39,241, with a median household income of $138,059. Census data puts Park Ridge's median home value at $539,300 (all owner-occupied homes); Cook County's current median listing price runs $352,450, up about 2.2% over the past year.
At a glance
Park Ridge market snapshot
Population
39,241
Median Household Income
$138,059
Median Home Value (city)
$539,300
Median Listing Price (Cook County)
$352,450
Median Gross Rent
$1,511/mo
Price Trend (YoY)
+2.2%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Park Ridge different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Park Ridge's median home value — across all owner-occupied homes, not just recent sales — at $539,300. Separately, Cook County's current median listing price (via Realtor.com data, 2026-06-01) runs $352,450. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Cook County's FHFA house price index shows a 5.52% annual change in 2025.
Population & Income
Park Ridge has an estimated population of 39,241 and a median household income of $138,059, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Park Ridge's Census-reported median home value works out to about 3.9x the area's median household income, and median gross rent runs roughly 13% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Park Ridge FAQ
What are home values like in Park Ridge, IL?
The Census Bureau's American Community Survey puts Park Ridge's median home value at $539,300. Cook County's current median listing price runs $352,450, up about 2.2% over the past year.
What is the population of Park Ridge, IL?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Park Ridge's population at approximately 39,241.
What's the median rent in Park Ridge, IL?
The Census ACS estimates median gross rent in Park Ridge at approximately $1,511 per month.
What is the median household income in Park Ridge, IL?
Census ACS data puts the median household income in Park Ridge at approximately $138,059.
Is the Park Ridge housing market growing?
Cook County's FHFA house price index shows a 5.52% annual change in 2025.
Is Park Ridge, IL affordable relative to income?
Census ACS data puts Park Ridge's median home value at about 3.9 times the median household income, with median gross rent equal to roughly 13% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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