Park Ridge 60068

Cook County, IL · 40,979 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

58affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
25.8%
affordable
Days on market
45
daily
Price cuts
16.2%
of active
Valuation
-21.7%
vs assessor
Look up an address
68
/100
Stable
hot · balanced · prices rising year-over-year.
Price trend
67
Affordability
85
Valuation
50
Economic health
58

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

44/ 100SellerBalancedBuyer
Balanced Market
DOM: 60d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)25
Valuation Gap (25%)40
Supply & Demand (20%)85
Buy vs Rent (15%)50
Cancellation Rate (10%)0
Days on Market (5%)60

Balanced market in 60068. List price is roughly fair — focus on condition and value. Payment burden: 25.8% of median income. Median days on market: 60. Renting is approximately 53% cheaper than buying (price-to-rent ratio: 18.3).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
HOTBALANCED

Market is running hot with fast-moving inventory. Conditions are balanced between buyers and sellers. Prices up 7.5% YoY.

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Market snapshoteach number, once

Median price
$587,612
▴ 7.5% YoY
Days on market
45
daily · zip_data
Median rent
$2,677
ZORI
Investor score
72/100
cash-flow lens
Active listings
99
90-day

Valuation3 lenses, different anchors

vs assessor
-21.7%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$460,000
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+44.5%
County-wide market — the widest, slowest signal.
Cook+44.5%
Cook+44.5%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$254
Price-to-income4.3×

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How 60068 ranks in IL
percentile vs all Illinois ZIPs · n=1303
Market velocity56%
Supply tightness45%
Affordability9%
Investment yield37%
Appreciation67%

Affordability, supply & momentum

29SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply11.0 mo
Days on Market45d
Inv vs History+2.5%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$2,968
Payment burden25.8%
Median income · ZIP$138,201
Mortgage rate6.49% · 30yr
Total monthly own$3,556
Monthly rent$2,677
Market dynamics
Price cut %16.2%
Momentumhot
LeverageBALANCED
Months of supply11
Sales (90d)0
Investment analysis
Median rent$2,677
Price-to-rent18.3
Est. cap rate3.6%
Buy vs rentneutral

Livability

Walk score7
Transit score26
Bike score

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Cook County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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