Is Park Ridge, IL 60068 a buyer’s or seller’s market?

The Park Ridge housing market right now

In the three months ending August 31, 2026, 39% of homes in Park Ridge, IL 60068 sold above their list price, the typical home went under contract in 45 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 149 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 32%, homes sold faster (50 days then) and the median sale price rose 13% to $664,712. Overall, Park Ridge is more competitive than a year ago, so tougher for buyers.

Within Cook County, homes here sell faster than in 70% of the county’s ZIP codes, and sell less often over asking than in 63%. On our competition score, Park Ridge ranks #191 of 464 IL ZIP codes with enough sales (score 71 out of 100).

Nearby, buyers who want less competition could look at Thornton 60476 (14% sold over asking) or Chicago 60604 (17% sold over asking), while Golf 60029 (100% sold over asking) and Berkeley 60163 (75% sold over asking) are even more competitive.