From July to September, 176 homes sold in Park Ridge for a median price of $387,000. That's 8 percent lower than median home sale prices for the third quarter of 2017.
In the third quarter, 5 homes in Park Ridge were in foreclosure.
Median property tax for homeowners in Park Ridge was $9,343.34 in 2017 according to tax data from that year. That means homeowners pay 2.2 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: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
95
$421,200
-
2010
118
$410,400
-2.6%
2011
116
$374,313
-8.8%
2012
176
$348,800
-6.8%
2013
214
$367,200
5.3%
2014
157
$386,900
5.4%
2015
225
$424,000
9.6%
2016
216
$409,500
-3.4%
2017
188
$420,750
2.7%
2018
176
$387,000
-8%
Median property tax
Median sale price
Effective property tax rate
2009
$9,586.47
$421,200
2.3%
2010
$8,997
$410,400
2.2%
2011
$9,707.30
$374,313
2.6%
2012
$9,157.24
$348,800
2.6%
2013
$8,800.48
$367,200
2.4%
2014
$9,087.14
$386,900
2.3%
2015
$9,017.33
$424,000
2.1%
2016
$8,729.67
$409,500
2.1%
2017
$9,343.33
$420,750
2.2%
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