From April to June, 192 homes sold in Park Ridge for a median price of $402,500. That's 6 percent lower than median home sale prices for the second quarter of 2017.
In the second quarter, 6 homes in Park Ridge were in foreclosure.
Median property tax for homeowners in Park Ridge was $9,059.86 in 2017 according to tax data from that year. That means homeowners pay 2.1 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Park Ridge real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
97
$381,420
-
2010
133
$405,840
6.4%
2011
99
$372,900
-8.1%
2012
180
$347,438
-6.8%
2013
146
$343,170
-1.2%
2014
162
$371,000
8.1%
2015
153
$386,900
4.3%
2016
201
$404,250
4.5%
2017
215
$428,400
6%
2018
192
$402,500
-6%
Median property tax
Median sale price
Effective property tax rate
2009
$8,574.48
$381,420
2.2%
2010
$8,829.80
$405,840
2.2%
2011
$8,410.72
$372,900
2.3%
2012
$8,326.04
$347,438
2.4%
2013
$8,289.31
$343,170
2.4%
2014
$8,611.29
$371,000
2.3%
2015
$8,992.22
$386,900
2.3%
2016
$9,375.25
$404,250
2.3%
2017
$9,059.86
$428,400
2.1%
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