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Housing in Ridge

Homes in Ridge

Home prices around Ridge have risen about 43% over the past 5 years.

2-bedroom rent
$930
a month, utilities in · HUD
Median tax bill
$1,892
IL $5,298

What kind of housing town is Ridge?

Read from the numbers below. The page puts what stands out first.

★ What stands out · The homes

90% of Ridge households own their home

Half of Ridge’s homes were built before 1960.

Owners and renters
Own 90%Rent 10%

Illinois: 67% own.

1960
typical home built · IL 1971
$1,892
median property tax bill · IL $5,298
6%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Price trend

Home prices up 43% in 5 years

The federal house price index for the ZIP codes around Ridge rose 43% over the past 5 years, slower than across Illinois (47%). Last year prices fell 1.5%.

Ridge areaIllinois
0%+50%+100%+150%200020052010201520202025
−1.5%
past year
+43%
past 5 years
+60%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Ridge, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $930

Fair Market Rent a month, utilities included

Studio$640
1 bedroom$770
2 bedrooms$930
3 bedrooms$1,110
4 bedrooms$1,390
10%
of households rent · IL 33%
14
renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Shelby County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Ridge vs. its neighbors

The towns that share a border with Ridge. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Ridge—−1.5%†$930$111,364
Rose$133K*−1.5%†$920$65,658
Okaw$135K*—$960$75,357

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Ridge buyers, sellers and renters are saying.

Town Square →
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Is Ridge still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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