Chicago Ridge, IL Real Estate Market Summary – September 7, 2026
In Chicago Ridge, IL, the overall market saw 12 homes sold in the last 30 days, averaging about 1 closing every 2.5 days. The homes sold had an average living area of 1,116 square feet and a median sale price of $275,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 12 |
| Sold Per Day | 1 every 2.50 days |
| Average SQFT | 1116 |
| Median Sales Price | $275,000 |
| Average Sales Price | $289,100 |
| Average Price Per SQFT | $226 |
| Average Days on Market | 11 |
| Average Year Built | 1972 |
Chicago Ridge, IL Single Family Home Analysis
Within the single-family market segment, 7 homes were sold, with an average living area of 1,228 square feet. The median sale price for these homes reached $345,000, and they spent an average of 7 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 7 |
| Sold Per Day | 1 every 4.29 days |
| Average SQFT | 1228 |
| Median Sales Price | $345,000 |
| Average Sales Price | $363,886 |
| Average Price Per SQFT | $269 |
| Average Days on Market | 7 |
| Average Year Built | 1959 |
Chicago Ridge, IL Condo & Townhome Analysis
The condo and townhome segment witnessed 5 homes sold, with a median living area of 1,084 square feet. These properties had a median price of $190,000 and averaged 15 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 5 |
| Sold Per Day | 1 every 6.00 days |
| Average SQFT | 977 |
| Median Sales Price | $190,000 |
| Average Sales Price | $184,400 |
| Average Price Per SQFT | $173 |
| Average Days on Market | 15 |
| Average Year Built | 1988 |
Buyer & Seller Analysis
- Average days on market for all homes was approximately 11 days.
- Single-family homes averaged 7 days on market, while condos averaged 15 days.
- The median price for single-family homes was $345,000 and $190,000 for condos.
- This report reflects sales activity over the last 30 days.
Conclusion
Overall, the Chicago Ridge real estate market has shown a consistent pace of sales. The metrics regarding days on market and sale prices indicate a stable environment.