Chicago Ridge Real Estate Market Continues Weakening in Home Sales

On top of an 11.1% dip in sales numbers this week to land at eight homes sold over the last 30 days, the Chicago Ridge market still shows a solid trend downward overall. The median sales price rose to $195,000 over the latest reporting period for Chicago Ridge, up from $186,500. Chicago Ridge is a definite buyer's market, due to a downward trend in sales numbers and eight months of inventory remaining.

If you are curious about inexpensive homes in Chicago Ridge, start off by checking out these great listings:

$104K   $104K   $107K  

Get started right now by checking out Chicago Ridge homes for sale or reviewing Chicago Ridge real estate trends.

Demographic facts for Chicago Ridge:

  • 38 years old is the median age of all the homes in the area.
  • The area gets 39.1 inches of snow a year. (U.S. average: 25)
  • This area has an anticipated job growth rating of 45. (Scale: 1 = Worst, 100 = Best)
  • Schools spend an average of $4,077 for each student in this area. ($5,691 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Wilk Real Estate
4 reviews
American Realty Network Inc.
Snapped 1 home in this area
Charles Rutenberg Realty of IL
Snapped 1 home in this area

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