Ridge Farm Housing Market Report April 2025•Vermilion County, Illinois

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Housing Prices in Ridge Farm, IL

How much do homes in Ridge Farm, IL cost?

Housing Market Conditions

Is Ridge Farm, IL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Ridge Farm is a Seller's Market

Difference Since March 2025

Last month, Ridge Farm has remained a Seller's Market.

Insight

Ridge Farm is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$28,500$22/SqFt
-$130,500
-82.1%

Based on all homes sold in April 2025

Insight

Homes in Ridge Farm have sold for 82.1% less than they did a month ago.

Summary: The median home sold price in Ridge Farm was $28,500 in April 2025, down 82.1% from last month, and the median price per square foot was $22.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2025Apr 2025Change MoM
1--
N/A
2-$28.5K
N/A
3--
N/A
4$159K-
N/A
5--
N/A

Summary: Ridge Farm housing price by bedroom type for April 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Ridge Farm, IL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Ridge Farm, IL

Housing supply in Ridge Farm, IL

How many homes are available in Ridge Farm, IL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
1Last MonthApr 2025
32 months agoMar 2025
-66.7 %
Change MoMMar – Apr

Summary: The Ridge Farm real estate market had 1 homes for sale in Apr 2025, a 66.7 % decrease compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
1Last MonthApr 2025
12 months agoMar 2025
0.0 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
100
0.0%
221
-50.0%
300
0.0%
410
-100.0%
500
0.0%

Summary: Ridge Farm housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -100.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Ridge Farm, IL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Ridge Farm, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Ridge Farm in April 2025, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Ridge Farm, IL

How long does it take to sell a home in Ridge Farm, IL?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Ridge Farm has remained consistent over time.

Summary: During April 2025, 1 homes were sold in Ridge Farm; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
87 DaysLast MonthApr 2025
2 Days1 month agoMar 2025
+4250.0 %
Change MoMMar – Apr

Summary: Homes in Ridge Farm had an average listing age of 87 days in Apr 2025, up by 4250.0% compared to the previous month.

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Newest Listings in Ridge Farm, IL

What homes are available in Ridge Farm, IL?

New listings aren’t available for Ridge Farm, IL

Nearby markets

Nearby markets aren't available for Ridge Farm, IL

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