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PARK RIDGE, IL 60068

Real Estate Market Report  ·  Cook County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
62
⇩ 13.9% vs 72 last year
Pending
19
31% pending ratio
Median Price
$599,000
⇩ 5.6% vs $634,225 last year
Average Price
$678,230
⇩ 11.9% vs $769,741 last year
Days on Market
56
⇧ 75% vs 32 days last year

Market Context

Population: 39,332  ·  Density: 2,077.1/mi²  ·  Median household income: $138,196

Typical home value: $528,797  ·  Homeownership: 85.1%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The PARK RIDGE, IL real estate market (60068) currently shows 62 active listings, with 19 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 56 days on market compared to 32 days last year.

The median listing price has fallen 5.6% year-over-year, from $634,225 to $599,000.

Whether you are buying or selling in PARK RIDGE, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 62 this year vs 72 last year
  • Days on market: 56 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $599,000 (-5.6% YoY)
  • Average: $678,230 (-11.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.3 miles — 598 listings ($330,500,094 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60068Park Ridge, IL 600680.0 mi62$42,050,260$599,000$678,230
60631Chicago, IL 606312.0 mi33$15,625,863$457,450$473,511
60018Des Plaines, IL 600183.0 mi34$20,165,094$487,450$593,091
60016Des Plaines, IL 600163.6 mi127$45,151,040$335,500$355,520
60176Schiller Park, IL 601764.0 mi17$5,575,830$325,000$327,990
60025Glenview, IL 600254.6 mi79$69,381,592$489,900$878,248
60634Chicago, IL 606345.0 mi91$45,935,708$487,500$504,788
60026Glenview, IL 600265.5 mi12$9,849,768$750,000$820,814
60712Lincolnwood, IL 607125.7 mi24$21,798,912$619,000$908,288
60171River Grove, IL 601716.1 mi27$9,750,483$399,000$361,129
60106Bensenville, IL 601066.2 mi16$5,956,112$359,900$372,257
60641Chicago, IL 606416.8 mi43$24,536,746$491,950$570,622
60659Chicago, IL 606597.3 mi33$14,722,686$429,000$446,142

Frequently Asked Questions

How many homes are for sale in PARK RIDGE, IL 60068?

As of January 2026, there are 62 active listings in PARK RIDGE, IL (zip code 60068), compared to 72 the prior year.

What is the median home price in PARK RIDGE, IL 60068?

The median listing price in PARK RIDGE, IL 60068 is $599,000 as of January 2026, a 5.6% decrease from $634,225 the prior year.

How long do homes stay on the market in PARK RIDGE, IL?

Homes in PARK RIDGE, IL 60068 spend an average of 56 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in PARK RIDGE, IL 60068?

Based on current inventory and days-on-market data as of January 2026, PARK RIDGE, IL 60068 is currently a Balanced Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 56 days on market compared to 32 days last year.

How much can I save on real estate commission in PARK RIDGE, IL?

With SELL123.com's maximum 3% commission, sellers in PARK RIDGE, IL 60068 save an estimated $11,980 compared to a typical 5% commission on the median listing price of $599,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.