Housing in Chicago Ridge, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$322,500

Median List Price

$219,900

Price Per Sq Ft

$203

Days on Market

67

Active Inventory

33

Months of Supply

4.7

Balanced market

Zillow Home Value

$218,552

ZHVI — January 2026

Zillow Rent Index

$1,600

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 73.4%List Price 9.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

14.3%

Off Market in 2 Weeks

21.4%

Sale-to-List Ratio

98.2%

Buyer's market

Sold Above Asking
14.3%
Under Contract in 2 Wks
21.4%
Listings with Price Drops
24.2%

Market Activity

Source: Redfin

Homes Sold

7

New Listings

11

Pending Sales

14

Homes Sold 36.4%New Listings 10.0%Pending 7.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$203

Median List $/SF

$199

Sale $/SF 35.3%List $/SF 22.1%Mar 24Jan 26

Chicago Ridge vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Chicago Ridge is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$217,800

Median Rent

$1,198

Total Housing Units

5,840

Vacancy Rate

9.1%

Owner Occupied

55.0%

Renter Occupied

45.0%

Median Property Tax

$5,064

per year

Monthly Cost (w/ Mortgage)

$1,320

Housing Types

Single Family
36.0%
Multi-Family
63.5%
Mobile Home
0.5%

The current median sale price in Chicago Ridge, IL is $322,500 according to Redfin data. Homes spend a median of 67 days on the market. 14.3% of homes sold above asking price. The market has 4.7 months of supply. The median price per square foot is $203. Zillow's observed rent index is $1,600/month. About 55.0% of housing units are owner-occupied. The median year homes were built is 1973. There are 5,840 total housing units.