Comprehensive market data and analysis• Updated Oct 2026
2.2 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 2 | 4 | 6 | 8 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 4 | 6 | 8 |
Acreage buckets
The median price for land in Park Ridge, Illinois is currently $2.4M per acre. For a typical parcel, the median sale price is $485K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $376K while premium lots reached $736K.
Park Ridge, Illinois is currently a very hot seller's market with 2.2 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Park Ridge, Illinois currently has 2.2 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.
Land in Park Ridge, Illinois typically sells within 75 days of listing. The median time on market is 51 days. Properties are moving at a moderate pace in the current very hot seller's market.
The current absorption rate in Park Ridge, Illinois is 44.4% (3-month basis), indicating strong demand. The top-performing broker in this market is Baird & Warner.
There are currently 3 active listings in Park Ridge, Illinois. 1 new listings have hit the market in the last 90 days. The median asking price is $1.5M.
The median land price in Park Ridge, Illinois stands at $485K. This translates to roughly $2.4M per acre for the typical parcel size. The average price is $534K, indicating some higher-priced properties pulling up the average.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Park Ridge on LandyDandy.
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