January 2026 Park Ridge Housing Market Update | Detached Home Prices $625K +3.3% Growth

January 2026 Park Ridge Housing Market Update | Detached Home Prices $625K +3.3% Growth

The Park Ridge housing market is starting 2026 on solid ground. According to Info Sparks data as of January 2026, the median price for detached single-family homes reached $625,000, marking a 3.3% increase compared to last year.


Whether you’re thinking about buying or selling, this steady growth shows that Park Ridge remains a desirable and stable Western Suburbs community.



Quick Market Snapshot: Park Ridge January 2026

Park Ridge January 2026
  • Median Price: $625,000

  • Year-over-Year Growth: +3.3%

  • Home Type: Detached Single-Family

For homeowners, this means more equity in your home and confidence that your property retains strong value. For buyers, it’s a chance to invest in a neighborhood with solid long-term potential without the pressure of skyrocketing prices seen in some nearby suburbs.



Why People Love Living in Park Ridge

Park Ridge isn’t just about homes – it’s about community and convenience:

  • Established, tree-lined neighborhoods with character

  • Highly rated schools that make it ideal for families

  • Quick access to downtown Chicago via highways or Metra

  • Plenty of shopping, dining, and parks nearby

  • A stable market with predictable, sustainable growth

These qualities keep Park Ridge popular among families, professionals, and move-up buyers.



What This Means for Buyers and Sellers


For Sellers: The combination of steady demand and rising home values makes this a good time to list. Pricing your home strategically could attract serious buyers quickly.


For Buyers: While prices are up modestly, Park Ridge remains a smart choice for long-term investment, offering value and lifestyle without the premium you might see in neighboring suburbs.



Expert Guidance Matters

Navigating the Park Ridge market is easier with local expertise.

The Cory Tanzer Group ranks among the top 1% of Chicagoland real estate teams and helps buyers and sellers:

  • Price homes accurately using hyper-local data

  • Market homes effectively to attract serious buyers

  • Negotiate skillfully to protect client value

  • Guide buyers through every step of purchasing Park Ridge homes for sale



Stay Connected

Ranked as a top 1% team in Chicagoland, Cory Tanzer and the Cory Tanzer Group specialize in Chicago, North Shore, and Western Suburbs real estate. With years of local knowledge and a proven track record, they help clients buy and sell with clarity, confidence, and results.