A typical Park Ridge home is worth about $322,000
Up 2% in a year, 5% below the Wisconsin typical home.
Only 2 sales in April 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
What kind of housing town is Park Ridge?
Read from the numbers below. The page puts what stands out first.
90% of Park Ridge households own their home
Half of Park Ridge’s homes were built before 1959.
Wisconsin: 68% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Up 33% in five years
About the same pace as Wisconsin (31.2%).
Show as a table
| January | Park Ridge | Wisconsin |
|---|---|---|
| 2017 | $184,000 | $180,000 |
| 2018 | $187,000 | $190,000 |
| 2019 | $199,000 | $202,000 |
| 2020 | $209,000 | $215,000 |
| 2021 | $224,000 | $238,000 |
| 2022 | $249,000 | $263,000 |
| 2023 | $272,000 | $282,000 |
| 2024 | $283,000 | $299,000 |
| 2025 | $304,000 | $317,000 |
| 2026 | $321,000 | $333,000 |
| August 2026 | $322,000 | $340,000 |
A typical Park Ridge home worth $181K in September 2016 is worth about $322K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A typical home costs 3.3 years of income
Less than across Wisconsin (4.4 years). Try your own numbers below.
That covers a typical Park Ridge home, with $36K to spare.
A two-bedroom rents for about $1,030 a month here, $1,010 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Park Ridge’s typical property tax (1.30% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,030
Renters already here pay a median of $925, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Portage County, WI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Park Ridge in 2025. The last year with any was 2024 (4 new homes).
Between the 2010 and 2020 censuses, Park Ridge gained 39 residents while 13 new homes were permitted: about 3 new residents per new home. Building and growth moved roughly in step. Across Wisconsin: 1.3 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 4 | 0 | 4 | $874,000 |
| 2023 | 2 | 0 | 2 | $400,000 |
| 2022 | 3 | 1 | 2 | $780,000 |
| 2021 | 3 | 3 | 0 | $800,000 |
| 2020 | 1 | 1 | 0 | $250,000 |
| 2019 | 3 | 3 | 0 | $750,000 |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 4 | 4 | 0 | $591,000 |
| 2011 | 3 | 3 | 0 | $443,000 |
| 2010 | 3 | 3 | 0 | $443,000 |
| 2009 | 3 | 3 | 0 | $443,000 |
| 2008 | 3 | 3 | 0 | $443,000 |
| 2007 | 3 | 3 | 0 | $443,000 |
| 2006 | 4 | 4 | 0 | $591,000 |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Neighbors talk housing
What Park Ridge buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. 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.